Citi Launches Dim Sum (Offshore CNY) Bond Index
OREANDA-NEWS. May 10, 2011. Citi is introducing the Dim Sum (Offshore CNY) Bond Index. This Index measures the performance of Chinese yuan-denominated “Dim Sum” bonds issued and settled outside Mainland China. This index offers foreign investors exposure to a rapidly growing market segment without facing the challenges often associated with investing in the onshore Chinese bond market, reported the press-centre of Citibank.
The Dim Sum Bond Index includes offshore Chinese yuan-denominated bonds issued by governments, agencies, supranationals, and corporations with fixed rate coupons (excluding zeros), with a minimum maturity of one year and a minimum size outstanding of CNY1 billion. The index constituents and par values are updated once a month.
The Dim Sum Bond Index and other indexes, including the World Government Bond Index, can be found on the Citigroup Fixed-Income Index Website and can also be accessed from within The Yield Book®, Citi’s fixed-income analytical software (www.yieldbook.com). Index information is also available from independent sources, such as data and analytic vendors.
Комментарии