On Oct 8, FTSE Russell will determine if South Korea and India join the WGBI for potential $68B and growing foreign inflows.
FTSE Russell will announce on October 8 whether South Korea and India will be included in its World Government Bond Index (WGBI), which tracks $29 trillion in global fixed income. South Korea has made significant market reforms, potentially attracting $68 billion in inflows. India, already part of JPMorgan's emerging-market index, is streamlining foreign investment registration but lacks a Euroclear setup. Both nations are appealing to global investors seeking higher returns.
October 07, 2024
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