APAC Fixed Income Indexes

FTSE Russell offers a variety of fixed income indexes designed to measure the performance of the Asia Pacific region’s bond markets across various asset classes and currencies (local and USD). Particularly for China, indexes are available measuring the performance of the Chinese offshore and onshore bond markets. For our comprehensive China product offering including equity and fixed income, please click here. For China equity indexes, please go to FTSE China Indexes.

FTSE Asian Government Bond Index (AGBI)

• Designed to measure the performance of Asian government bonds, the index provides a broad benchmark for the Asian sovereign debt market. Rules and methodologies employed are consistent with those of the FTSE World Government Bond Index (WGBI), enabling performance comparisons across sovereign debt markets.

FTSE Asian Broad Bond Index (ABBI)

• The index measures the performance of both investment-grade and high yield US dollar-denominated debt issued by governments, agencies, and corporations domiciled in Asia (excluding Japan).

FTSE Asian Broad Bond Index - China, High-Yield (ABBI - China, HY)

• The Asian Broad Bond Index – China, High-Yield (ABBI – China, HY) measures the performance of high-yield US Dollar-denominated debt issued by governments, agencies, and corporations domiciled in China. The ABBI – China, HY is a sub-index of the Asian Broad Bond Index (ABBI).

FTSE Asian Broad Bond Index - China, Investment-Grade (ABBI - China, IG)

• The FTSE Chinese USD Broad Bond High-Yield Index (CNUSDBBI - HY) measures the performance of high-yield US Dollar-denominated debt issued by governments, agencies, and corporations domiciled in China. The CNUSDBBI - HY is a sub-index of the FTSE Chinese USD Broad Bond Index (CNUSDBBI).

FTSE Chinese Government Bond Index (CNGBI)

• The FTSE Chinese Government Bond Index (CNGBI) is designed to measure the performance of fixed-rate government bonds issued in mainland China.

FTSE Chinese (Onshore CNY) Green Bond Index

• Designed to provide comprehensive coverage of China’s green bond market, with sub-indexes that segment the market by local vs. internationallyrecognized definitions of green as well as by market trading access routes, ensuring relevance for both domestic and international investors.

FTSE Chinese (Onshore CNY) Broad Bond Index (CNYBBI)

• The index measures the performance of the onshore Chinese yuan denominated fixed-rate debt issued by the government, agencies, and corporations in mainland China. An Interbank version of the index is also available for investors looking to establish their exposure to Chinese onshore bonds through either CIBM direct access or the Bond Connect program. The index measures the performance of a subset of bonds from the Chinese (Onshore CNY) Broad Bond Index and includes bonds that are traded on the China Interbank Bond Market (CIBM).

FTSE Chinese (Onshore CNY) Broad Investment-Grade Bond Index

• The FTSE Chinese (Onshore CNY) Broad Investment-Grade Bond Index (CNYBIG) measures the performance of onshore Chinese yuan-denominated investment-grade bonds issued in the mainland China. The CNYBIG includes bonds issued by Chinese government, policy bank, regional and other governments, agencies, and corporations.

FTSE Chinese Government and Policy Bank Bond Index (CNGPBI)

• The index measures the performance of Yuan-denominated fixed-rate government bonds and policy bank bonds issued in mainland China. The eligible Chinese policy bank bonds are those issued by the China Development Bank, the Agricultural Development Bank of China, and the Export-Import Bank of China.

FTSE Chinese Policy Bank Bond Index (CNPBI)

• The FTSE Chinese Policy Bank Bond Index is designed to measure the performance of fixed-rate policy bank bonds issued in mainland China.

FTSE Dim Sum (Offshore CNY) Bond Index

• The index measures the performance of RMB-denominated “Dim Sum” bonds issued and settled outside mainland China. It includes fixed-rate securities issued by governments, agencies, supranationals, and corporations.

FTSE Indian Government Bond Index

• The FTSE Indian Government Bond Index (INGBI) measures the performance of fixed-rate, local currency Indian government bonds. Sub-indexes are available by maturity, and for bonds specified under Fully Accessible Route (FAR).

FTSE Japanese Broad Investment-Grade Bond Index (JPBIG)

• The FTSE Japanese Broad Investment-Grade Bond Index (JPBIG) is designed to measure the performance of Japanese Yen-denominated investment-grade bonds issued in the Japanese bond market. It includes fixed-rate securities that are accessible to both international and Japanese institutional investors. The JPBIG includes Japanese government bonds (JGB), government-related securities, mortgages and corporate debt. The index covers a broad array of asset classes, and sub-indexes are available in any combination of asset class, maturity, and rating.

FTSE Japanese Broad Bond Index (JPBBI)

• The FTSE Japanese Broad Bond Index (JPBBI) is designed to measure the performance of Japanese Yen-denominated bonds issued in the Japanese Bond market. It includes fixed-rate securities that are accessible to Japanese institutional investors. The JPBBI includes Japanese government bonds (JGB), government-related securities, mortgages and corporate debt. The index covers a broad array of asset classes, and sub-indexes are available in any combination of asset class, maturity, and rating.