JPMorgan Chase includes India in its bond index, boosting private credit markets and benchmarking investments.
India's inclusion into JPMorgan Chase's bond index will boost its private credit markets, providing a benchmark for investments and attracting more inflows. The change, effective June 28, will allow easier comparisons of Indian credit funds with investments in Singapore, Korea, or the US, according to BPEA Credit. This inclusion marks a watershed moment for India's $1.2 trillion government debt market, with spillovers to other asset classes.
May 09, 2024
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