Start learning 50% faster. Sign in now
JP Morgan has decided to include government papers issued by the Reserve Bank of India (RBI) under the fully accessible route in its widely tracked emerging market government bond index (GBI-EM). India will be included in the GBI-EM Global index suite and all relevant derivative benchmarks (including custom indices), starting June 28, 2024. The inclusion will be phased over 10 months, with 1 per cent weighting included in each month, till March 31, 2025. Indian bonds, like the Chinese, will have 10 per cent weighting. According to the index inclusion criteria, eligible securities are required to have a notional outstanding of above $1 billion and at least 2.5 years’ remaining maturity. At the start of the inclusion on June 28, 2024, only Fully Accessible Route (FAR)-designated bonds with a maturity date after December 31, 2026, will be assessed for eligibility. Any new index-eligible FAR-designated bonds issued during the phase-in period will also be included. The Reserve Bank of India introduced the FAR in March 2020, allowing FPIs to invest in bonds without restriction. At present, 23 FAR bonds with a combined value of $330 billion are eligible for inclusion in the index.
Identify the term in the sequence that does not fit, and then determine the 9th term of the corrected series. The answer choices are formatte...
Find the wrong term in the given series below.
2587, 2550, 2476, 2365, 2217, 2042
1116, 1135, 1158, 1187, 1224, 1278.
79, 152, 231, 314, 405, 500
81, 154, 124, 197, 167, 235
Find the wrong number in the given number series.
3, 8, 15, 24, 35, 50, 63
13, 24, 69, 272, 1355, 8248
Find the wrong number in the given series.
46, 104, 184, 404, 760, 1586
256 768 96 288 35 108
864, 884, 834, 924, 764, 1084