Skip to content

JPMorgan Removes Russian Bonds From All of Its Fixed-Income Indexes

  • Move follows exclusion of country by various index providers
  • Many market links have been severed since invasion of Ukraine
Video player cover image
Russia Economy Heading For Collapse
Updated on

JPMorgan Chase & Co. said it will remove Russian bonds from all of its widely-tracked indexes, following MSCI Inc., Bloomberg LP and other benchmark providers in withdrawing the nation’s assets from key gauges.

Russia’s debt will be excluded from the JPMorgan Emerging Market Bond Index, the Government Bond Index-Emerging Markets, the Corporate Emerging Markets Bond Index and all of the bank’s other benchmarks, effective March 31, the firm said in a statement Monday.