Bloomberg has announced changes to its widely used Bloomberg Barclays fixed income indices and currency indices

Effective 1 March 2017, the minimum amount outstanding for inclusion in the China Aggregate Index will be increased from RMB 1 billion to RMB 5 billion for government securities and from RMB 1 billion to RMB 1.5 billion for corporate securities. Additionally, all eligible securities should be traded in the China Interbank Bond Market.

As RMB-denominated securities are not currently eligible for inclusion in the Global Aggregate Index, a new index will be created that combines the Global Aggregate Index and the government and policy bank component of the China Aggregate Index. This index will be launched 1 March 2017.

Similarly, an EM Local Currency Government + China Index will be launched on 1 March 2017.  Both market capitalisation-weighted and 10% country-capped versions will be created.

Clearstream’s China Bond Link service provides eligible international investors with individual quota-free access to the onshore Chinese Interbank Bond Market. Further details on this service are available in the China Strategy section of our website.

For more information on the changes made to the Bloomberg Barclays fixed income indices, please visit the Bloomberg website.