Foreign portfolio investors bought a net 127.2 billion rupees ($1.53 billion) of bonds in November, the highest since June 2017, data from Clearing Corp of India showed.
Foreign inflows into Indian government bonds hit the highest level in six years in November ahead of the securities being included in JPMorgan s emerging market index next year, with investors and.
Foreign flows into Indian bonds hit 6-year high ahead of index inclusion kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Foreign investors bought bonds under the Fully Accessible Route or FAR worth over 23 billion rupees ($276.25 million) on an average in each of the three weeks since Sept. 22 when JPMorgan said it would include 23 such securities in its widely tracked index from June 2024 onwards.
Jpmorgan Index Inclusion To Spur $40 Bn In Inflows menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.