China Misses Out on Entering FTSE Russell Global Bond Index
- Decision contrasts with Bloomberg Barclays, JPMorgan approvals
- Some investors have cited concerns about hedging, access
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China failed to win inclusion into one of the world’s benchmark bond indexes, as FTSE Russell opted not to follow two competitors in adding the country’s domestic debt.
China will remain on the FTSE watchlist, according to a statement Thursday that showed the firm demurred on including it in its flagship World Government Bond Index.