(ATF) – The ATF ALLINDEX CBM50 Bond Index rose for a third day, climbing 0.05% to 106.74.
ATF ALLNDEX indices hummed along nicely at the start of a new quarter as the CBM50 climb was helped by stellar gains in corporates and enterprises.
The ATF ALLINDEX Coporates finished 0.04% higher and the ATF ALLNDEX Enterprise index ended the day 0.05% higher. ATF ALLNDEX Financial edged up 0.01% and the ATF ALLNDEX Local Government indexended flat at 116.17.
The gains helped the indexes outperform government bonds with Chinese five-year treasury bond yields rising one basis point and German five-year note yields up four basis points. US Treasuries performed better, with the five-year yield easing two basis points to 0.37%
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The ATF ALLINDEX Corporate Index climbed 0.04%.
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The ATF ALLINDEX Enterprise Index climbed 0.04%.
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The ATF ALLINDEX Financial Index climbed 0.01%.
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The ATF ALLINDEX Local Government Index was unchanged.
ATF ALLINDEX CBM50 Bond Index: A 50-constituent index, updated daily and selected from across the entire Chinese onshore bond market, that provides a benchmark measure of the Chinese onshore fixed income market. The CBM50 is taken from the ATF ALLINDEX Chinese Bond Market Index that tracks the price movements of Chinese CNY-denominated onshore bonds across the Corporate, Enterprise, Financial and Local Governments sectors.