India aims to become a $5 trillion economy and plans to invest in infrastructure. To fund these ambitions, the government relies on borrowing money from investors through bonds. However, to attract more investors, India aims to be included in JP Morgan's global bond index. This would require the government to meet certain criteria and make its bond market more accessible. By doing so, India hopes to attract more funding and achieve its economic goals.
In today’s episode, we simplify India's inclusion into JPMorgan's Global Bond Index.
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