China bond inclusion in WGBI may drive $140b in inflows


Market watchers expect index provider FTSE Russell to agree to include bonds from the world's second-largest market in its World Government Bond Index (WGBI) during an annual review this month.

SHANGHAI: The anticipated inclusion of Chinese government bonds in a major global index could draw an additional $140 billion into Chinese bonds, Goldman Sachs estimates, potentially offering a further boost to the yuan as China opens its capital markets.

Market watchers expect index provider FTSE Russell to agree to include bonds from the world's second-largest market in its World Government Bond Index (WGBI) during an annual review this month.

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