China's inclusion in the FTSE Russel Bond Index expected to attract USD120bn inflows

Author: Eamonn Sheridan | Category: News

The news earlier gave a boost to CNH:

  • From October 2021
  • World Government Bond Index (WGBI) inclusion
  • Final decision will be made in March next year  
Deutsche Bank with the implications (this is summary, bolding mine):
  • This is the third major index inclusion and marks another milestone in China's onshore bond market opening up to foreign investors. 
  • Inclusion is expected to attract USD120bn passive inflows from foreign investors next year. 
  • Supports development of China's market including pricing efficiency, credit differentiations, infrastructure improvement and green finance development. 

The news earlier gave a boost to CNH:
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