Saudi Arabia Added to J.P. Morgan EM Bond Index Watchlist

Saudi Arabia's inclusion on J.P. Morgan’s GBI-EM index watchlist signals growing confidence in its debt capital markets. The MOVE follows the Kingdom’s strides in enhancing liquidity and attracting global investors to its sukuk and bond offerings.

Projected foreign inflows of SAR 18.75 billion (USD 5 billion) could deepen market activity, reinforcing Saudi Arabia’s position as an emerging financial hub. Mohammed Al Rumaih, CEO of the Saudi Exchange, emphasized this as a pivotal step toward aligning with international capital market standards.

The Saudi debt market’s transformation—marked by improved transparency and efficiency—reflects coordinated efforts between regulators and market participants. This development may indirectly benefit cryptocurrency markets as institutional interest in emerging market assets grows.