Saudi Arabia and Philippines Join JPMorgan Bond Index
JPMorgan announced Wednesday that Saudi Arabia and the Philippines will join its local currency debt index next year. The move includes billions in sovereign debt.
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JPMORGAN CHASE & CO has announced that Saudi Arabia and the Philippines will be integrated into its influential local currency emerging market debt index starting January 29, 2027. This move marks a significant expansion of the Government Bond Index-Emerging Markets (GBI-EM) series, bringing sovereign debt from both nations into a benchmark closely monitored by global institutional investors.
