Kenya: Kenya Among Countries Expected in JPMorgan’s New Frontier Debt Index

Kenya is among countries expected to feature in a new frontier-market local-currency debt index being developed by JPMorgan as the global banking giant seeks to expand its coverage of government bond markets.

Kenyans.co.ke has learnt that the planned index is part of efforts to increase international investor access to local-currency government debt in frontier markets, with Kenya and Nigeria expected to be included alongside Angola and other emerging economies.

Reuters reported that…