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Chinese government bonds to be added to FTSE WGBI index

FTSE Russell will add Chinese government bonds (CGBs) to its flagship World Government Bond Index (WGBI), the index provider said on Thursday, paving the way for billions of dollars of inflows into the world’s second-largest economy.

The CGBs will be included in the index from October 2021, pending an affirmation on March 2021. The addition will be phased into the index over a period of 12 months.

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