JPMorgan says may review Ukraine's inclusion into key local bond index

LONDON - JPMorgan has said it may have to review plans to start including Ukraine government bonds in it influential GBI-Emerging Markets index at the end of the next month amid the country's rapidly escalating crisis.

"Ukraine is currently scheduled to enter the GBI-EM indices on March 31, 2022. The inclusion may be subject to further review in the event of a material market disruption prior to March 31, 2022," JPMorgan's index unit said in a note dated February 23.