Nigeria Rejoins J.P. Morgan Global Bond Index After 11 Years
Nigeria’s inclusion in a J.P. Morgan global bond index is expected to attract about $17.5 billion into the country’s debt market and lower bond yields by up to 200 basis points. The post Nigeria rejoins J.P. Morgan Global Bond Index aft
Nigeria's return to the J.P. Morgan Government Bond Index-Emerging Markets after an 11-year absence is expected to draw roughly $17.5 billion in passive and active inflows, improving liquidity in the country's local-currency debt market. The re-inclusion could compress bond yields by up to 200 basis points, lowering domestic borrowing costs for the government and corporates. It also signals restored investor confidence in Nigeria's FX and monetary policy framework, though sustained benefits will depend on policy consistency and exchange-rate stability.
Filed Under
What did you make of this
Sign in to react and save stories. Reading is always free.
Be the first to comment
Sign in to join the conversation. Reading is always free.
Related Reports & Analysis
J.P. Morgan Bond Index Return: What It Means for the Naira
Nigeria’s inclusion to J.P. Morgan’s new emerging-market bond index could draw billions of dollars into the country’s local debt market, read more What J.P. Morgan’s bond index return means for the naira
J.P. Morgan Adds Morocco to Frontier Local Currency Debt Index
J.P. Morgan has placed Morocco among the core countries set to receive some of the highest weightings in its new GBI-EM Edge index, which tracks local-currency sovereign bonds across 26 frontier market economies. The international financial
Nigeria raises ₦729bn bond to tackle power sector debt
The Federal Government has raised ₦728.9 billion through the Series 2 issuance under its ₦4 trillion Power Sector Multi-Instrument Issuance Programme, bringing the total raised under the debt reduction programme to more than ₦1.1 tril
NGX Gains 0.10% as Banking Stocks Lift Index on Dangote Refinery IPO Day
The Nigerian equities market opened the week on a mildly bullish note on Monday, September 14, 2026, as the benchmark All-Share Index (ASI) rose 0.10% to close at 243,299.24 points while the market capitalization added N159.8 billion to clo