index inclusion

FPIs’ G-Sec purchases cross $10-billion mark

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FPIs’ G-Sec purchases cross -billion mark

Nine months after JP Morgan announced the inclusion of Indian government debt in its emerging markets index, the incremental ownership of sovereign bonds by foreign portfolio investors has climbed more than $10 billion, with purchases topping the billion-dollar threshold so far this month. As of June 18, the indicative value of aggregate FPI holdings in … Read more

BlackRock stays bullish on Indian bonds after narrow Modi win

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BlackRock stays bullish on Indian bonds after narrow Modi win

The coalition of parties led by Modi is unlikely to deviate from the path of fiscal consolidation, and cooling inflation will allow the Reserve Bank of India to embark on easing later this year, according to Neeraj Seth, chief investment officer and head of APAC fundamental fixed income at BlackRock. “It’s actually a good time … Read more