Foreign inflows into Indian bonds spike to 6-year high

Foreign inflows into Indian bonds spike to 6-year high

Foreign investment in Indian government bonds saw a remarkable jump in the last three months of 2023, with JPMorgan’s decision to add the debt to its indexes boosting inflows to a six-year high. Overseas investors net bought government bonds worth ₹35,000 crore in October-December, pushing the full-year tally to ₹59,800 crore, the highest since 2017, … Read more