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Indian Bond Inclusion In JP Morgan Indices Starts! What You Need To Know

2024 • 3min • News • Business

Informative

Published On: June 28, 2024 - India is at the cusp of a financial revolution, set to welcome billions in foreign investments. On June 28, India achieved a historic milestone by officially joining JP Morgan’s prestigious Emerging Markets Bond Indices, marking an entry into the vast $1.3 trillion global bond market. This move has elevated India's sovereign debt to a highly coveted asset, setting the stage for a substantial inflow of capital into the country.