Latha Venkatesh Decodes: What It Means For Indian Govt Bonds as India enters JPM’s Bond Index

It's a watershed moment for Indian government bonds. They have now officially joined 24 other countries in the JP Morgan emerging market bond index. The inclusion of the Indian G-secs will be staggered over a 10 month period, with one% increment on its index weight every month, till it reaches the maximum threshold of 10%. Latha Venkatesh decodes it mean for Indian sovereign bonds
#bondmarket #index #bond #jpmorgan #gbiem
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[@SiddhibaatNobakwas]

In simplem terms, just like Index/passive funds follow certain sensex to shortlist stocks, few funds follow JPM emerging market index and will result in passive movement of funds to Indian market.