<ul data-eligibleForWebStory="false"><li>JPMorgan is considering reducing the share of India and China in its GBI-EM Global Diversified index, which is the benchmark for local-currency developing-nation debt.</li><li>The proposed changes could lead to a decrease in the cap on individual countries from 10% to 8.5%, potentially increasing the average yield of the benchmark.</li><li>If implemented, the amendments would impact major bond sellers in emerging markets like Indonesia, Mexico, Malaysia, China, and India.</li><li>JPMorgan is also contemplating a new index for local markets in frontier economies, covering 21 markets across 20 currencies.</li></ul>

JPMorgan mulls cutting India, China share in Emerging Market Bond Index

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