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Chinese Debt To Be Added To WGBI

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FTSE Russel will add Chinese Government Bonds to the FTSE World Government Bond Index (WGBI) with a weighting of 5.25% to be phased in over a 36-month period, starting from October.

  • FTSE Russell held a review with market participants and adjusted its inclusion threshold for Chinese government bonds.
  • FTSE Russel also removed Malaysia from the watch list for potential reclassification of its market accessibility level, and as such Malaysia will remain a member FTSE WGBI.
  • "We commend Bank of Negara Malaysia on its previously implemented and ongoing initiatives to address the concerns of foreign investors when accessing the Malaysian government bond market," FTSE Russell said in a statement
  • FTSE Russell announced India will be placed on the watch list for potential reclassification of its market accessibility level, and will be considered for inclusion in the FTSE Emerging Markets Government Bond Index.

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