India's Entry Into JPMorgan Bond Index Comes With Promise of Cheaper Funding

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Fund raising by Indian corporates would be cheaper after JPMorgan Chase & Co. Friday added the country’s sovereign bonds to its emerging markets index, according to Kaustubh Kulkarni, the Wall Street bank’s senior country officer for India and vice-chair for Asia Pacific.

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Bond Bulls Lift India Bets Pre-Index Entry, Morgan Stanley SaysInvestors tracking JPMorgan Chase & Co.’s emerging markets bond index have already positioned for India’s inclusion, with 3.6% of their assets allocated to the nation’s sovereign debt at end-May, according to Morgan Stanley.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Bond Bulls Lift India Bets Pre-Index Entry, Morgan Stanley Says(Bloomberg) -- Investors tracking JPMorgan Chase & Co.’s emerging markets bond index have already positioned for India’s inclusion, with 3.6% of their assets...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »