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How to receive advisory services

Gemloc advisory services are available to countries with local currency bond market size of at least US$3 billion — the minimum size requirement for inclusion in the GEMX Index. Approximately, 34 countries meet the US$3 billion threshold, 19 of which are already included in GEMX.

To receive advisory services, countries should send a request to Gemloc ASP. Project eligibility will be assessed by a joint team of country representatives and World Bank specialists based on criteria that measure the potential impact of local bond market development.

GEMX eligible countries
Argentina Costa Rica Colombia Croatia Kazakhstan
Kenya Lebanon Pakistan Romania Sri Lanka
Tunisia Ukraine Uruguay Venezuela Vietnam
Countries in GEMX
Brazil Chile China Egypt Hungary
India Indonesia Malaysia Mexico Morocco
Nigeria Peru Philippines Poland Russia
Slovakia South Africa Thailand Turkey



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