Wednesday 26 September 2018

Saudi Arabia, Qatar, UAE, Bahrain and Kuwait eligible for JP Morgan key bond index | Reuters

Saudi Arabia, Qatar, UAE, Bahrain and Kuwait eligible for JP Morgan key bond index | Reuters:

Saudi Arabia, Qatar, the United Arab Emirates, Bahrain and Kuwait will become eligible for the JP Morgan emerging market government bond indexes starting from Jan. 31, 2019, acording to a JP Morgan statement sent to investors and reviewed by Reuters.

JP Morgan’s EMBI bond index is a key performance benchmark for emerging market investors.

The eligible new bonds will be included in a phased approach ending on Sept. 30, 2019, the statement said.

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