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Business information provider IHS Markit (Nasdaq: INFO) today announced the launch of new onshore Chinese bond market indices in alliance with ChinaBond Pricing Center Co., Ltd. (CBPC), a subsidiary of China Central Depository and Clearing Co., Ltd. (CCDC), the leading pricing provider for the world’s third largest fixed income market.
The new iBoxx ChinaBond indices are the first international, independent fixed income benchmarks using CBPC pricing data, the gold standard in Chinese domestic bond valuations. As the administrator of the indices, IHS Markit will apply its globally-recognized methodologies and maintain them in compliance with IOSCO and European Benchmark Regulation (BMR) standards.
“Partnering with CBPC allows us to develop bond market indices that are unique for their ability to draw on domestic China
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