Index inclusion a game changer for Indian fixed-income markets: Co-Founder of IndiaBonds.com, Mr. Vishal Goenka

Co-founder of IndiaBonds.com, Mr. Vishal Goenka, sees the inclusion of Indian bonds in JP Morgan and Bloomberg indices as a game-changer for the country's fixed-income markets. He highlights the importance of diversifying portfolios through bond investments and notes that including India Government Bonds in the JP Morgan Index puts the nation's bond market firmly on the global radar. Initial investments are expected to range from US$ 20-30 billion, with the potential for sustained growth in the years ahead. This move is viewed as a significant catalyst for market liquidity and an opportunity to attract global investors seeking exposure to emerging markets.

Simultaneously, Bloomberg Index Services' decision to include India's Fully Accessible Route (FAR) bonds in the Bloomberg Emerging Market Local Currency Index from January 2025 further contributes to the transformative impact. Despite smaller anticipated additional investments of US$ 2-3 billion, He emphasizes that this move will have comparable long-term and global effects, reinforcing the positive trajectory for India's fixed-income markets.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.