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Which of these financial company is set to add Indian government bonds to its widely-tracked emerging markets debt index ?
Bank of America
Mitsubishi UFJ Trust and Banking Corporation
HSBC Holdings
JP Morgan is set to add Indian government bonds to its widely-tracked emerging markets debt index, paving the way for billions of inflows to the world’s fifth-largest economy. The JPMorgan Government Bond Index-Emerging Markets (GBI-EM) benchmarks will include Indian government bonds from 28 June 2024, the firm said, with a maximum weight to India of 10% of the index.
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