MANAMA: GCC’s inclusion in JP Morgan EMBI Index is expected to bring in $30-60 billion in inflows to the GCC sovereign credit market by the end of 2019, according to latest investment strategy report by Sico, Bahrain-based brokerage and investment bank.
Starting January 31, 2019, sovereign bonds and sukuk from Saudi Arabia, the UAE, Bahrain, Kuwait and Qatar will gradually gain inclusion on the JP Morgan EMBI Index, which already includes Oman .
