Foreigners flocking to Indian bonds make a splash across markets

Since India's significant inclusion in key global bond indexes, as announced by JPMorgan Chase & Co in September, the country has seen a remarkable influx of foreign investment, totaling about 780 billion rupees ($9.4 billion) into eligible sovereign bonds. This move is altering the landscape of India's financial markets, historically cautious of volatile capital flows.

Apr 1, 2024 - 03:00
Foreigners flocking to Indian bonds make a splash across markets
Since India's significant inclusion in key global bond indexes, as announced by JPMorgan Chase & Co in September, the country has seen a remarkable influx of foreign investment, totaling about 780 billion rupees ($9.4 billion) into eligible sovereign bonds. This move is altering the landscape of India's financial markets, historically cautious of volatile capital flows.