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J.P. Morgan includes Nigeria in new emerging-market bond index with 7.4% weight

J.P. Morgan includes Nigeria in new emerging-market bond index with 7.4% weight

News

J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge (GBI-EM Edge), assigning the country a 7.4% weighting in the benchmark designed to track local-currency government debt across frontier emerging markets.

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