Inclusion of Indian bonds in JP Morgan and Bloomberg indices proof of strong Indian economy: Expert
Mumbai: The long-awaited inclusion of India in global indices such as the JP Morgan GBI-EM Index and Bloomberg (subject to approval by index participants) in the Bloomberg EM Local Currency Debt Index is a testament to the strength of the Indian economy, making it attractive to global fixed-income investors, according to Vishal Goenka, Co-founder, IndiaBonds.com.
JP Morgan's listing of Indian bonds to trigger huge influx of investments to India
New Delhi: Indian domestic bonds are set to be incorporated into the Government Bond Index-Emerging Markets (GBI-EM) index, as well as various other indices, including specific bonds within an investment-grade-only index.