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FINANCE

Global Benchmark Adds China Bonds in New Index, Boosting Foreign Appeal

By Peng Qinqin, Zhang Yuzhe and Dong Tongjian

(Beijing) — China’s government and corporate bond markets are edging toward a bigger role in global fixed-income investment as a result of a move to create a new index that adds yuan-denominated bonds to Bloomberg Barclays Indices’ flagship Global Aggregate Index.

Financial-data provider Bloomberg LP, which runs the fixed-income investment index, said Tuesday it will soon create a new index that combines components of the existing China Aggregate Index with the Global Aggregate Index.

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