Foreign flows into India bonds expected to decline this year

Overseas investors net bought 1.24 trillion rupees (US$14.5bil) of Indian bonds under the so-called fully accessible route in 2024. — Reuters

MUMBAI: Foreign flows into Indian government bonds are set to decline in 2025, after spiking to a record high in 2024 as the debt got added to JPMorgan’s emerging market debt index, says investors.

Interest rate trajectories in India and the United States and moves in the rupee will influence the pace of flows, they said.