Page 9 - Clearing Corp News Today

Foreign investors bought bonds under the Fully Accessible Route or FAR worth over 23 billion rupees ($276.25 million) on an average in each of the three weeks since Sept. 22 when JPMorgan said it would include 23 such securities in its widely tracked index from June 2024 onwards.

The market regulator had on September 29 instructed the exchange to postpone the scheduled launch of its new commodity derivatives platform, initially planned for the first week of October.

On September 26, Indias largest commodity exchange announced that it has received a nod from the Securities and Exchange Board of India (Sebi) to launch options contracts on underlying WTI crude oil and natural gas futures on the NSE

The recent addition of Indian government bonds to JPMorgans emerging market bond indexes has prompted BNP Paribas Asset Management to turn more positive on these securities, expecting inflows of...

The benchmark 7.18% 2033 bond yield was trading at 7.23% on Thursday, after hitting a two-month low of 7.07% last Friday in the immediate reaction to the inclusion news. The yield last traded below 7% in June.

The index provider will add the securities to the JPMorgan Government Bond Index-Emerging Markets starting June 28, 2024. The South Asian nation will have a maximum weight of 10% on the index, according to a statement Thursday.

The index provider will add Indian securities to the JPMorgan Government Bond Index-Emerging Markets starting June 28, 2024. The South Asian nation will have a maximum weight of 10% on the index, according to a statement Thursday.

Inclusion to result in nearly $26 bn of passive inflows, say experts

JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation's debt market.

Crude-oil prices could eclipse the $100 a barrel mark as global markets reel from supply shortages, says Mark Fisher, founder of MBF Clearing Corp., in an...