Jp Morgan Removed Argentina From Its Most Rigorous Debt Index: How It Affects Country Risk Data
6 Articles
6 Articles
Debt papers are still included in another, broader index. Exclusion impacts the frequency and public availability of the most used reference for risk Argentine country and limits access to information in real time
From the entity they explain that the removal took place because “the EMBI+ subscript includes only bonds issued in the last five years”, and that “Argentina was eliminated from the subscript based exclusively on this technical standard”
JP Morgan decided to remove Argentina from its emerging bond indicator, which modifies the periodicity of reporting Country Risk. The bank withdrew Argentina’s securities from its Emerging Markets Bond Index Plus (EMBI+) indicator, which causes the risk index to be updated on a daily basis rather than in real time. The LSEG financial reporting service confirmed that it no longer receives data for the Argentina EMBI+ Realtime JPM instrument after…
JP Morgan withdrew Argentina from EMBI+ and from now on the risk indicator will be updated once a day. The change occurs in full government negotiation with the United States to secure debt payments and force down the index.
JP Morgan sac to Argentina of EMBI+, the strictest index of emerging debt. The risk is to stop updating in real time and changes its key reference.
The exclusion took place during the rebalancing at the end of September, as confirmed by market sources.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium