JPMorgan Considers Adding Saudi Riyal Bonds to Key EM Indexes

(Bloomberg) -- JPMorgan Chase & Co. is considering adding Saudi Arabia’s local-currency bonds to its benchmark emerging-market index, according to people familiar with the matter, a move that would help the kingdom attract more foreign portfolio investment and fund huge projects to diversify from oil.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart

Related Keywords

Brazil ,Turkey ,South Africa ,Saudi Arabia ,India ,Poland ,Malaysia ,Mexico ,China ,Saudi ,Mohammeda El Kuwaiz ,Ziad Daoud ,Srinivasan Sivabalan ,Bloomberg Businessweek ,Bloomberg Index Services Ltd ,Bloomberg ,Bloomberg Jpmorgan Chase Co ,Goldman Sachs Group Inc ,Moody Investors Service ,Federal Reserve ,Saudi Capital Market Authority ,Wall Street ,Government Bond Index Emerging Markets ,Saudi Tadawul ,Crown Prince Mohammed ,Old Ways ,Oil Habit Proves Hard ,World Cup ,Among Primary Dealers ,Saudi Local ,Goldman Sachs Group ,Bloomberg Economics Says ,Diversified Index ,Investors Service ,Finance Ministry ,Bloomberg Economics ,Netty Ismail ,Saudi Government ,Jpmorgan Chase Co ,Foreign Portfolio Investment ,Foreign Investment ,Emerging Markets ,Saudi Riyal ,Prince Mohammed Bin Salman ,