LIC: LIC’s bond FRA entry to boost demand for long-dated g-secs

LIC: LIC’s bond FRA entry to boost demand for long-dated g-secs

Mumbai: A particular kind of sovereign debt trade is set to receive a shot in the arm with the entry of the Life Insurance Corporation of India, signalling a new era of durable long-term government bond demand, running into trillions of rupees, from the insurance industry. The country’s largest insurer – which has a total … Read more

Indian government bonds join JP Morgan EM Bond Index – What is JP Morgan Emerging Market Bond Index (EMBI)?

Indian government bonds join JP Morgan EM Bond Index – What is JP Morgan Emerging Market Bond Index (EMBI)?

Jun 29, 2024, 11:46:19 AM IST 1/7 What is JP Morgan Emerging Market Bond Index (EMBI)? EMBI was formed in the early 1990s which has various high yielding local rates indices like the Government Bond Index-Emerging Markets (GBI-EM) series and the Corporate Emerging Markets Bond Index (CEMBI) series and are considered standard benchmarks by many … Read more

g-secs: FPI ownership of Indian g-secs surges to a record

g-secs: FPI ownership of Indian g-secs surges to a record

Mumbai: With foreign portfolio investments in the Fully Accessible Route (FAR) for Indian government bonds continuing at a fast clip ahead of their June inclusion in a global index, international players now own a record one-fifth of one of the most highly liquid domestic sovereign papers. As of January 18, foreign funds owned 21.2%, or … Read more