FX swap volumes set to rise on China govvies index inclusion

Traders expect greater use of FX derivatives if FTSE Russell adds bonds to the WGBI this week as expected

Adding-China-bonds-to-WGBI

Traders are expecting Chinese renminbi foreign exchange swap and forward volumes to increase if the country’s bonds are added to a key fixed income index this week.

Concerns about secondary market liquidity, FX execution and settlement have kept Chinese government bonds (CGBs) out of the FTSE Russell World Government Bond Index (WGBI) until now. But with the instruments tipped to make the grade in an annual review on September 24, market participants believe the use of renminbi swaps and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: