APAC Credit Roundup: EM Credit Indices, Pakistan, Mongolia Banks, Meituan, LG Energy Solution

• EM Credit Indices – Governance results: J.P. Morgan Index Research announced the results of the 2026 Index Governance consultation. Starting with the October month-end rebalance, bespoke private placements will be eligible for inclusion in the EMBI, GBI-EM, CEMBI, JACI, and other relevant J.P. Morgan EM debt benchmarks, subject to standard eligibility rules plus an enhanced liquidity screening of up to two months. Recently issued private placements will also be reviewed for potential inclusion in the EMBI, CEMBI, and JACI indices at the October month-end rebalance. The minimum outstanding amount requirement for the JACI remains unchanged at US$300 mn. • Pakistan – Pakistan/IMF reach SLA on the fourth review of the 2024-2027 EFF, unlocking about US$1.21bn in total financing; the primary surplus target was confirmed at 2% of GDP;