India’s JPMorgan bond index entry to suck $11 billion from S.Africa, Poland and Thailand

India’s JPMorgan bond index entry to suck  billion from S.Africa, Poland and Thailand

India’s imminent inclusion in the world’s most widely followed emerging market bond index, JPMorgan’s GBI-EM, is expected to draw a combined $11 billion away from South Africa, Poland and Thailand’s local markets, the bank’s analysts have estimated. The Wall Street lender said India’s entry, which starts on Friday and will take 10 months to complete, … Read more