Yuan-denominated Chinese bonds were included in the Bloomberg Barclays Global Aggregate index on Monday.
The move is expected to attract trillions in foreign inflows into China and the reshaping of global capital markets.
Over the next 20 months, the index will add 364 bonds issued by the Chinese government and the so-called “policy banks” (lenders set up to support the government’s development plans and policies).
Analysts estimate the full inclusion will attract around US$150 billion of foreign inflows into China’s bond market, which is the third-largest in the world after the US and Japan.
Read more at - China’s yuan bonds to reshape global capital markets
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