The current numbers translate into a monthly flow of around $2.5 billion, which is on the upper end of broad market expectations of a monthly flow of $2-2.5 billion hitting the market due to index inclusion. Given the recent commencement of a US monetary easing cycle – which increases the appeal of emerging market assets for global investors – that flow is expected to rise in the next three months.
Retail trading in high-yield corporate bonds gains momentum
Online platforms now offer retail investors access to corporate bonds. These securities provide mid-teen yields with low minimum investments. Retail investors are increasingly participating in