Index Inclusion Seen Making China Bond Market No. 2 Globally
- Chinese debt market poised to overtake Japan’s, analysts say
- FTSE Russell, JPMorgan mulling adding notes to their gauges
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The inclusion of Chinese bonds into the Bloomberg Barclays Global Aggregate Index will lead to more than $100 billion of foreign inflows, putting the nation’s $13 trillion debt market on track to overtake Japan’s as the world’s second largest, analysts say.
Australia & New Zealand Banking Group (Khoon Goh, head of Asia research)