Indian government bonds are set to be included in JPMorgan's Emerging Market Bond Index (GBI-EM) starting June 28, 2024. This inclusion, beginning on Friday, is expected to draw a combined $11 billion away from the local markets of South Africa, Poland, and Thailand. Analysts believe this move will lower borrowing costs for the Indian government. Investors have already positioned themselves for India's inclusion, according to Morgan Stanley. The inclusion of Indian bonds in the index is being described as a 'watershed' moment.
Indian government bonds are set to be part of JPMorgan Chase & Co.’s emerging markets bond index starting tomorrow. Read our story from September 2023 on what this means for the Indian economy. @ditipujara writes. https://t.co/GZWQBo2R51
India bonds to join J.P. Morgan index in 'watershed' moment https://t.co/0bu3ztEtsO
Indian bonds to join J.P. Morgan index in 'watershed' moment https://t.co/1VMTedKAMr
Indian government bonds or government securities (G-secs) would be included in JP Morgan-Emerging Market Bond Index beginning Friday, a move that will bring down borrowing cost for the government. #jpmorgan #governmentsecurities https://t.co/BGDuLkzjEd
#India’s imminent inclusion in the world’s most widely followed emerging market bond index, JPMorgan’s GBI-EM, is expected to draw a combined $11 billion away from South Africa, Poland and Thailand’s local markets, the bank’s analysts have estimated. https://t.co/uGvKJp8z2t
Five things to know as India enters JPMorgan EM debt index via @reuters https://t.co/v7OQHjJqQw
Five things to know as India enters JPMorgan EM debt index https://t.co/FjrqeRuE27 https://t.co/b19PJ1nX2Q
🔵 FIVE THINGS TO KNOW AS INDIA ENTERS JPMORGAN EM DEBT INDEX India's government bonds will gradually become a part of JPMorgan's widely tracked emerging market debt index, beginning on Friday. Full Story via Reuters on PiQ Suite - Link in Bio https://t.co/5MKIljRwVi
#MarketsWithBS | On June 28, 2024, Indian #GovtBonds will begin the process of being included in the #JPMorgan Emerging Market Bond Index. Ahead of IGBs' inclusion in the JP Morgan #EmergingMarketIndex, here is all you need to know @nikita_vashisht https://t.co/PT6KZ4YjAB
Investors tracking #JPMorgan's emerging markets bond index have already positioned for #India’s inclusion, says #MorganStanley.
Investors tracking JPMorgan's emerging markets bond index have already positioned for India’s inclusion, according to Morgan Stanley https://t.co/rI21J5Y6WW