JPMorgan to Add Saudi Riyal Bonds to Key EM Index Next Year

JPMorgan plans to add Saudi Arabia’s local-currency bonds to its benchmark emerging-market index in early 2027, a move that should draw more foreign portfolio inflows into the kingdom’s debt market. The inclusion would improve access to funding for Saudi Arabia’s economic transformation plan and support demand for sovereign local-currency bonds.

Analysis

JPMorgan plans to add Saudi Arabia’s local-currency bonds to its benchmark emerging-market index in early 2027, a move that should draw more foreign portfolio inflows into the kingdom’s debt market. The inclusion would improve access to funding for Saudi Arabia’s economic transformation plan and support demand for sovereign local-currency bonds.