JPMorgan has confirmed that it is studying the possibility of to include Egypt in its emerging-markets government bond index, Reuters reports In a statement on Thursday, the Bulge Bracket bank said it is looking at including 14 EGP-denominated bonds worth USD 24 bn into its GBI-EM Global Diversified index, which would give them a weighting of 1.8 percent. Ukraine's weight could reach 0.12 percent in the GBI-EM Global Diversified if included, with one bond with a notional value of $1.5 billion under review for eligibility. JPMorgan said it had placed the two countries on Index Watch Positive after steady improvement in liquidity and access to the onshore government bond markets for foreign investors.