E Fund lists China treasury bond ETF

Mar 13, 2014

The listing comes after China’s first corporate bond default and a weakening in the RMB, but E Fund argues the former event will help the mainland high-yield debt market to develop.

E Fund has joined the list of firms arguing that China's first bond default – by Chaori Solar Energy Science & Technology – is a good thing for the mainland debt market, as the asset manager today launches its first government bond exchange-traded fund.

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