India’s Bond Market Sees Boost as Global Index Inclusion Spurs Foreign Inflows
Since the inclusion of Indian government bonds in the JP Morgan Global Bond Index on June 28, 2024, foreign investments in Fully Accessible Route (FAR) bonds have surged to approximately $7.55 billion as of January 21, 2025. This robust inflow underscores the growing appetite among international investors for Indian fixed-income assets, highlighting the potential for long-term benefits to the domestic bond market.