Citi gives nod to China bonds, but keeps investors guessing
Citi says mainland debt is now eligible for its EM and regional government bond indexes, but has not given a time frame for inclusion, sparking more debate among fund managers.
Barclays and Citi have just taken further steps towards including Chinese bonds in some of their global fixed income benchmarks – but not the step that really counts. And as the wait goes on, more question marks are being raised about the reasons for the delay.
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