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India joins JP Morgan Global Bond Index
![India joins JP Morgan Global Bond Index India joins JP Morgan Global Bond Index](https://www.bizzbuzz.news/h-upload/2024/06/28/1920950-jp-morgan.webp)
Mumbai: India government bonds or government securities are set for inclusion in the global bond index from Friday. JP Morgan will add Indian government bonds to its Government Bond Index-Emerging Markets (GBI-EM) from June 28. It is the first time ever that Indian government bonds would be included in this index.
Government securities inclusion in the global bond index will have a positive impact on the Indian economy.
Indian bonds will have a 10 per cent weightage in the JP Morgan Emerging Markets Bond Index.
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