What is the new China Bond Composite Index?

The new comprehensive index of China Bond is a core index specially developed by China Government Securities Depository and Clearing Corporation to reflect the trend of China bond market. It is more investment-oriented in the selection of sample bonds and the calculation of wealth indicators. The sample range of the index includes: all publicly issued bonds circulating in Shanghai Stock Exchange, Shenzhen Stock Exchange or inter-bank bond market except asset-backed securities, dollar bonds, convertible bonds and some special government bonds.