The Business Times
business-time-50
SUBSCRIBERS

SGX to list world's largest Chinese government bond ETF

Trading of the ETF, which is managed by CSOP Asset Management, starts on Sept 21

google-preferred-sourceAdd BT as a preferred source
Angela Tan

Angela Tan

Published Thu, Sep 17, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SINGAPORE Exchange (SGX) announced on Thursday the listing of the world's largest Chinese pure government bond exchange-traded fund (ETF) to meet the growing investor demand to access China's bond markets, the second largest in the world after the US, at US$15 trillion.

    Priced at US$10 per share during the initial offer period from Sept 10-16, the institutional-grade ICBC CSOP FTSE Chinese Government Bond Index ETF has attracted investor interest with assets under management (AUM) of US$676 million at the end of the subscription period.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    SGXETFChinaasset management

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Visitors at the KL Tower. Industry observers say inbound trip cancellations have surged to approximately 5,000 in the past month.

    Malaysia tourism hit by fuel shock; tour prices may jump 50%

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More