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India anticipates decade-high $2 billion bond inflows this month

Shortpedia

Content Team
Image Credit: newsbytes

India is preparing for a significant surge in foreign inflows into its bonds, expected to reach a decade-high of $2 billion around June 28. This anticipated influx is linked to the inclusion of Indian bonds in the JPMorgan Emerging Market Index, a widely tracked global benchmark. The estimate, provided by four bankers, is second only to the record-high $2.7 billion that flowed into Indian bonds on August 20, 2014.