Upgrade from "market participant" to "infrastructure provider", commercial banks expand the offshore RMB bond benchmark "territory".
Postal Savings Bank of China, in collaboration with China CITIC Bank and China Chengxin Credit Index, recently released offshore RMB bond valuation and index products; China Construction Bank, in partnership with FTSE Russell, is about to publicly release the "FTSE Construction Bank Dim Sum Green Bond Index" to global investors... Recently, large commercial banks have successively entered the offshore RMB bond index and valuation field. Industry insiders say that as the offshore RMB bond market expands, commercial banks have launched a set of "valuable and comparable" combinations, upgrading from "market participants" to "infrastructure providers".
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