JP Morgan "Russia Excluded from All Bond Indices... Effective This Month 31"
![[Image source=Reuters Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2022030807192070051_1646691561.jpg)
[Asia Economy Reporter Jeong Hyunjin] JP Morgan has decided to exclude Russia from all bond indices, Bloomberg News reported on the 7th (local time).
According to the report, JP Morgan announced in a statement that starting from the 31st of this month, Russian bonds will be excluded from all JP Morgan bond indices, including the Emerging Markets Bond Index (EMBI), Global Emerging Markets Government Bond Index (GBI-EM), and Emerging Markets Corporate Bond Index (CEMBI). This move by JP Morgan is interpreted as a response to Russia's airstrikes on Ukraine.
Hot Picks Today
!["Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"](https://cwcontent.asiae.co.kr/asiaresize/93/2026051507261063923_1778797570.png)
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- While All Eyes Were on Samsung and Hynix, This Company Surged 50% to New Highs in Four Days [Weekend Money]
- "Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
Earlier, JP Morgan warned in a report that Russia is highly likely to default on dollar bonds maturing on the 16th due to sanctions imposed by Western countries in response to Ukraine supply issues, indicating a high possibility of a default declaration.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
