China’s $13 Trillion domestic bond market to be added to global benchmarks
31 Mar 2019 |
2:30 pm |
The near-$13 trillion Chinese domestic bond market, on course to overtake Japan as the world’s No. 2, will see some of its securities included in benchmark global indexes for the first time, starting next week. The fresh impetus comes from the phased inclusion of Chinese sovereign bonds and debt sold by three key state-owned policy banks into the Bloomberg Barclays Global Aggregate Index.