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
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Angela Tan
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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.
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