Nigeria, Egypt, and Ghana have been said to have the highest weight at the merging bond market index.
This was according to a new report titled ‘Investment Funds and Financial Stability: Policy Considerations’ by the International Monetary Fund published on Friday.
“In terms of the relative importance, Egypt, Nigeria and Ghana have the highest weights at 2.6, 1.5, and 1.5 per cent of EMBIG Global Diversified respectively,” the report stated.
According to Investopedia, “the emerging market bond index is a benchmark index for measuring the total…
