The British FTSE Russell Company announced on the early morning of September 25, Beijing time that China’s government bonds will be included in the FTSE World Treasury Index (WGBI) in October 2021. So far, the world’s three major bond indexes all cover Chinese bonds.
Samad, CEO of FTSE Russell, stated that China’s government bonds will be included in the FTSE World Treasury Index from October 2021.
After further confirmation in March 2021, international investors will be able to enter China, the world’s second largest bond market, through the FTSE Russell Flagship Index.
Currently, two of the world's three major bond index providers have successively included Chinese bonds in their main indexes, and the FTSE World Treasury Index has also clearly included Chinese bonds in the timetable.
Some analysts pointed out that the inclusion of Chinese government bonds in the FTSE Russell Global Government Bond Index is expected to attract between US$125 billion and US$150 billion in new foreign investment into the Chinese bond market.
On the 25th, the People's Bank of China welcomed this and stated that it fully reflects the confidence of international investors in the long-term healthy development of China's economy and the continuous expansion of the financial sector.
FTSE Russell is a wholly-owned company under the London Stock Exchange (FTSE) and the second largest index company in the world.
The FTSE Russell International Index is a stock index under the British FTSE Index Company that specializes in tracking global emerging market indicators. Its index products have attracted more than US$1.5 trillion in global funds.
(Headquarters reporter Xijia)