Bloomberg to add RMB bonds to Global Aggregate Index

Inclusion of RMB-denominated bonds “represents a pivotal development for investors around the world”, says Henry M Paulson

RMB-denominated securities: phase-in scheduled to start in April 2019 and last for 20 months

Bloomberg is set to add Chinese RMB-denominated government and policy bank securities to the Bloomberg Barclays Global Aggregate Index, with their phase-in beginning in April 2019 and rolling out over a 20-month period.

Inclusion of the new securities is dependent on several planned operational enhancements being implemented by the People’s Bank of China (PBoC) and China’s ministry of finance. Once the operational hurdles have been overcome and the papers are fully accounted for in the Global

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