CMB50 breaches 107 as state-firm index saors

(ATF) – The ATF AllIndex CBM50 gauge of Chinese bonds climbed towards 107, extending a run of increases begun late last year.

The index, which is calculated from the yields of China’s most liquid government and corporate bonds, climbed towards 107 as the number of countries with the virus climbed and the global death toll passed 3,000.

The ATF AllIndex gauge of Chinese corporate bonds
The ATF AllIndex gauge of Chinese state-owned enterprise bonds
The ATF AllIndex gauge of Chinese provincial and city bonds
The ATF AllIndex gauge of Chinese financial company bonds

ATF ALLINDEX CBM50 Bond Index: A 50 constituent index, updated daily and selected from across the entire Chinese onshore bond market, that provides a benchmark measure of the Chinese onshore fixed income market.

The CMB50 is taken from the ATF ALLINDEX Chinese Bond Market Index that tracks the price movements of Chinese CNY-denominated onshore bonds across the Corporate, Enterprise, Financial and Local Governments sectors.

Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.