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S&P removes Russian and Belarusian bonds from its 11 indices

S&P Dow Jones Indices conducted a consultation with market participants

S&P Dow Jones Indices (S&P DJI) said on Wednesday it has decided to remove Russian and Belarusian bonds from its 11 indices.

“S&P Dow Jones Indices (“S&P DJI”) conducted a consultation with market participants on the potential removal of Russian bonds and announced the results on March 15, 2022, indicating that all bonds from issuers whose Country of Risk is Russia or Belarus will be removed from the impacted indices,” it said in a press statement posted on its website.

According to S&P, the bonds will be removed from the indices on March 31.

Source: TASS