Chinese Government Bonds to be Included in FTSE WGBI

Discussion in 'Wall St. News' started by optquant, Sep 28, 2020.

  1. optquant

    optquant

    FTSE Russell announced on September 25, 2020 that it will add Chinese government bonds to its World Government Bond Index (WGBI).

    The reform and opening-up of the Chinese bond market has been pushed forward steadily in recent years. As of end-August 2020, the market was worth RMB112 trillion in terms of its outstanding volume. In particular, RMB2.8 trillion of bonds were held by international investors, registering an average annual growth of 40 percent in the past three years.

    FTSE Russell CEO Waqas Samad said that Chinese Government Bonds will be added to the FTSE WGBI from October 2021. The Chinese authorities have worked hard to enhance the infrastructure of the government bond market. Pending an affirmation in March 2021, international investors will be able to access the second largest bond market in the world through FTSE Russell’s flagship WGBI.


    for more details, please read https://qmhedging.blogspot.com/2020/09/pbocchinese-government-bonds-to-be.html
     
  2. Davis123

    Davis123

    Thank you for the information and advice!
     
  3. bone

    bone

    Why should a foreigner invest in something denominated in a currency that is routinely devalued by the State ?
     
    beginner66 likes this.
  4. JSOP

    JSOP

    What's next? Taliban Bond? LOL
     
    bone and IamTheCasino like this.
  5. TaliBond
     
    bone likes this.