JP Morgan introduces Asian MPF bond index

JPMorgan has come up with a way for customers to track the performance of Asian bonds with its new index, MPF JACI.

As a result of increasing investor interest in monitoring the performance of Asian dollar bonds eligible under Hong Kongs mandatory provident fund MPF program, JPMorgans credit research team has created a new index that will help them do just that.

The index, called MPF JACI, tracks on a daily basis how well eligible bonds from China, Hong Kong, Korea, Malaysia and Singapore are faring in the markets.

To qualify for inclusion the bonds have to be rated at least BBB by Standard Poors or Baa2 by Moodys Investors Service, in accordance with the HKMPF Authoritys guidelines on credit quality.

Aside from the credit rating, the transactions included...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222