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Sri Lanka secures 7.5% weighting in J.P. Morgan frontier bond index
Sri Lanka has secured a prominent position on the global financial map, landing a notable 7.5% weighting in J.P. Morgan's upcoming front
Summary
Morgan's upcoming frontier-market local-currency government bond index. Slated for launch by the end of September, the Government Bond Index-Emerging Markets Edge (GBI-EM Edge) will monitor roughly US$330 billion in government debt spread across 26 frontier economies. Morgan to prevent any single country from overshadowing the index.
What this story is about
Organisations
- Public Debt Management Office2
- J.P. Morgan2
- Ministry of Finance, Planning and Economic Development
- Commercial Bank of Ceylon Sampath Bank
- Central Bank of Sri Lanka
- People's Bank
- Seylan Bank
- NDB Bank
Places
- Sri Lanka7
- United States5
- Bangladesh2
- Kazakhstan2
- Pakistan2
- Colombo2
- Morocco2
- Nigeria2
Keywords
- dollar3
- yields3
- bond3
- depreciated2
- weighting2
- selling2
- across2
- index2
- bill2
- rate2
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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