FPI investments in debt mkt surge to $14.58 bn in FY24
Financial Express Mumbai|April 04, 2024
$10.6-bn inflows came in the last five months of the previous fiscal
SACHIN KUMAR

NET INVESTMENTS BY foreign portfolio investors in the debt market surged to $14.58 billion in FY 2024, making it the highest net inflow in the past six years as investors turned bullish following announcements to include government securities in global indices.

Over 70% of the inflows have come in the last five months following JP Morgan Chase's announcement in September to add Indian government bonds to its benchmark Global Bond Index Emerging Markets Index.

"Debt market witnessed strong inflows from debt FPIs as investors were buying bonds ahead of index inclusion last quarter.

"We expect momentum to continue in this quarter as investors continue adding prior to index inclusion," Piyush Agarwal, senior managing director, head - corporate and institutional banking (India), Mizuho Bank, told FE.

هذه القصة مأخوذة من طبعة April 04, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 04, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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