By Andrew Capon
At a Glance
- Chinese Government Bonds have rallied in the last year and international portfolio managers are taking notice.
Beginning in April, Bloomberg will add local currency denominated Chinese bonds to its Bloomberg Barclays Global Aggregate Index. Chinese government bonds (CGBs) and securities issued by China's policy banks will eventually account for 5.5 percent of the $53.7 trillion index, one of the most widely followed benchmarks for global bond managers. This will make China's currency weighting the fourth most important in the index and put its bond market on a par with