BUSINESS
Fixed income segment now needs reforms on the distribution side
In 2024, fixed income market in India got a boost with the country’s inclusion in the JPMorgan Global Bond Index. Moreover, the Indian market offered stable returns when many other markets experienced volatility. In 2025, liquidity should rise with India’s inclusion in the Bloomberg Index and FTSE Russell. Therefore, the next reform should be harmonisation of different trading platforms
BUSINESS
G-Secs in JPMorgan index is just the start. Private bonds will also benefit
In six to nine months there will be second round effects as foreign investors shift down the credit curve
