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Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
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New index for interbank bond market
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CHINA’S interbank bond market will be included in a new index under Bloomberg Barclays indexes to reflect the growing importance of the country’s financial markets, Bloomberg LP said yesterday.
The newly created China Aggregate Index will be launched on March 1, Bloomberg said in a statement yesterday.
The index will track government securities valued at more than 5 billion yuan (US$727 million) and corporate securities worth above 1.5 billion yuan.
Investors are awaiting China’s entry into global indexes such as JPMorgan Chase & Co’s emerging-market bond index and Citigroup’s global debt barometer to invite an increase of foreign participation in China’s onshore bond market.
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