The JPMorgan Emerging Market Bond Index (EMBI) is a set of three bond indices to track bonds in emerging markets operated by J P Morgan. The index is the Emerging Markets Plus Bond Index Global Emerging Markets Bond Index and Emerging Markets of Global Diversified Index .
Video JPMorgan EMBI
Emerging Markets Plus Bond Index
The Emerging Markets Plus (EMBI) Index Bond tracks total returns for foreign exchange traded instruments (the external meaning of fixed income in foreign currency) in emerging markets. The EMBI regular index includes Brady bonds, loans, and Eurobonds from U.S.dollar. EMBI expanded the original J.P.Morgan Emerging Markets Bond Index (EMBI), which was introduced in 1992 and covers only Brady bonds. Outside debt version, EMBI is JPMorgan EMBI Global Index
In addition to serving as a benchmark, EMBI gives investors the market definition for foreign debt debt, list of traded instruments, and compilation of their terms.
This index consists of a set of intermediary traded debt instruments that are widely followed and quoted by some market makers. Instruments in EMBI must have a minimum face value of $ 500 million and must meet strict criteria for secondary market trading liquidity.
Maps JPMorgan EMBI
Global Index of Emerging Markets Bonds
J.P.Morgan's Global Emerging Markets Bond Index ("EMBI Global") tracks the total return of foreign debt instruments traded in emerging markets, and is an expanded version of JPMorgan EMBI . Like EMBI, EMBI Global includes Brady bonds, gross and Eurobond U-denominated denominations with an outstanding nominal value of at least $ 500 million. It covers more than eligible instruments rather than EMBI with a rather tight EMBI lounging limit of the secondary market trading liquidity.
Emerging Markets Global Diversified Index Bonds
EMBI Global Diversifikasi limits the weight of index countries with larger debt stocks by only entering certain parts of these countries that meet the current outstanding amount of debt outstanding.
See also
- JPMorgan GBI-EM Index
- Developing market debt
- Index of bond markets
References
Source of the article : Wikipedia
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