China’s Beaten-Down Bonds Set to Enter FTSE Russell Index
- Index compiler expected to announce inclusion this week
- Beijing has taken steps to make bond investing more accessible
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Foreign investors are likely to have a new channel to invest in China’s government bonds.
FTSE Russell will announce whether it will add the nation’s sovereign debt into its indexes after U.S. markets close on Thursday, a year after rejecting the notes. Morgan Stanley puts the odds of inclusion this time round at 90%.