JPMorgan to monitor liquidity in longer tenor Indian debt after India removes eligibility.

JPMorgan Chase will closely monitor liquidity in longer tenor Indian debt, part of its emerging market bond index, after Indian authorities removed eligibility from future issuances of these bonds. The bank will reassess the notes' inclusion if there's a lack of secondary market quotes or complaints from clients. This comes a month after India's inclusion in JPMorgan's flagship bond index, which is projected to attract billions in investment.

August 02, 2024
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