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China's government bonds are included in the FTSE Russell WGBI today, effective today, and the bond market is expected to usher in trillions of dollars of funds

The FTSE Russell World Government Bond Index (WGBI) is officially included in The Chinese Bond Index. Industry insiders estimate that with this as a new starting point, China's bond market is expected to usher in trillions of dollars of funds. The inclusion process will be completed in a step-by-step manner over 36 months, when China's government bonds will weigh 5.25% of the FTSE World Treasury Bond Index. Standard Chartered's head of China macro strategy expects Chinese treasuries to receive passive inflows of $130 billion to $156 billion after being included in the FTSE Russell WGBI index. (SSE)

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