Jp Morgan Delisting Nigeria From Emerging Market Government Bond Index - Politics - Nairaland
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| Jp Morgan Delisting Nigeria From Emerging Market Government Bond Index by hollandis(f): 12:33pm On Nov 11, 2015 |
On September 8th 2015, the United States-based lender, JP Morgan, said Nigeria would be phased out of its Emerging Market Government Bond Index (GBI-EM) by the end of October due to alleged lack of liquidity and transparency in the nation’s foreign exchange market. This announcement comes after JP Morgan earlier in January this year, placed Nigeria on a negative index watch on its Government Bond Mark |
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