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Bonds - Angel One - Page 2

$9.4 Billion from Foreign Investors into Indian Bonds

1 April 2024

The inclusion of India into key global bond indexes has triggered a wave of cash inflows, reshaping the country’s markets and challenging its traditional stance on managing foreign investments. Since JPMorgan Chase & Co.’s announcement in September, foreign investors have poured approximately 780 billion rupees ($9.4 billion) into eligible sovereign bonds, with significant implications for …