FTSE RUSSELL APPROVED CHINESE SOVEREIGN BONDS TO BE INCLUDED IN THE INDEX

Highlights –

• FTSE Russell approved Chinese sovereign bonds to be included in the index.
• Chinese government bonds (CGBs) will be added to the FTSE World Government Bond Index (WGBI).
• It will be done so in a period of over 36 months rather than one year.
• On Tuesday the benchmark 10-year CGBs yielded 3.202%.

On Tuesday, market index provider FTSE Russell g....