JPMorgan will add India to its benchmark emerging-market bond indices, a move that investors expect will attract billions of dollars of inflows to the country’s government debt market.
The inclusion to JPMorgan’s influential indices concludes years of negotiation between banks, investors and India’s government.
It will give investors greater exposure to the world’s fifth-largest economy as providers work to diversify their indices after Russia was removed over its invasion of Ukraine and growth slows in China.
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