GIC, Pru on how Asia's credit market should bulk up
Greater standardisation and credit differentiation are seen as key if Asia is to develop an effective corporate bond market.
The Chinese bond market, currently the third largest in the world, took a major step forward this March when Bloomberg announced the inclusion of over 300 bonds issued by policy banks and the government into its Bloomberg Barclays Global Aggregate Bond index, starting in April 2019.
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