Foreigners buy $10 billion of index-bound Indian bonds since JPM inclusion announcement
By Dharamraj Dhutia MUMBAI (Reuters) – Foreign investors have bought more than $10 billion of Indian government bonds that will be included in a widely-followed JPMorgan debt index on June 28, taking their ownership of such papers to a record high. In the nine months since JPMorgan said India’s sovereign debt will be included in…