Exclusive-JPMorgan closing in on new frontier market local currency debt index, sources say

Exclusive-JPMorgan closing in on new frontier market local currency debt index, sources say

LONDON, Feb 3 : JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier and more diversified high-yield debt.The move, which comes 15 years after the Wall Street ban

Pakistan set to feature prominently in JPMorgan’s new frontier bond index

JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier and more diversified high-yield debt. The move, which comes 15 years after the Wall Street bank launched its hard-currency Next Generation Markets Index (NEXGEM) frontier index, coincides with the year-long slump in the dollar and some extraordinar…