
Photo: VCG
Yuan-denominated Chinese government bonds and policy bank bonds will be included in the Bloomberg Barclays Global Aggregate Index starting in April, Bloomberg confirmed Thursday. The entire inclusion process will be completed within 20 months.
Using data as of Jan. 24, 363 Chinese bonds will be included in the Bloomberg Barclays Global Aggregate Index, which would account for 6.03% of the $54.07 trillion index, according to Bloomberg.
Yuan-denominated bonds are set to become the fourth-largest currency bonds in the index after the dollar, euro and yen, Bloomberg said.
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