Sentences with phrase «china corporate bond index»

While both Chinese government and corporate bonds traded tighter, the yield of the S&P China Corporate Bond Index tightened by 91bps to 5.56 %, as of June 30, 2014.

The S&P China Corporate Bond Index managed to retreat from the lows and delivered a total return of 5.98 %, which outperformed the S&P China Government Bond Index in the same period.

The S&P 500 ® Bond Index is designed to measure the performance of U.S. corporate bonds issued by the constituents of the iconic S&P 500, and it rose 6.05 % last year, compared with the 0.58 % gain in the S&P China Corporate Bond Index (see Exhibit 2).

The «Corporate (%)» represents the market cap of the S&P China Corporate Bond Index / S & P China Bond Index.

The S&P China Corporate Bond Index has expanded rapidly in the past 10 years, as the market value tracked by the index was RMB 18 trillion, which has increased 34-fold since the index's first value date on Dec. 29, 2006, and the yield - to - maturity stood at 5.04 % with a modified duration of 2.44 (see Exhibit 2 for the yield comparison).

Exhibit 2: Yield - to - Maturity of the S&P China Corporate Bond Index and S&P China Government Bond Index

The yield - to - maturity of the S&P China Corporate Bond Index came down 170 bps to 3.66 % in 2015.

The S&P China Corporate Bond Index is used to run the correlation with the S&P U.S. Issued High Yield Corporate Bond Index and the S&P U.S. Issued Investment Grade Corporate Bond Index, in orange color.

The S&P China Bond Index, the S&P China Government Bond Index and the S&P China Corporate Bond Index are calculated in CNY.

Interestingly, the one - year total return of the S&P China High Quality Corporate Bond 3 - 7 Year Index was 6.61 % as of May 16, 2016, outperforming its benchmark, the S&P China Corporate Bond Index, which returned 6.18 % over the same period.

Specifically, the S&P China Corporate Bond Index had a negative correlation with the U.S. issued high yield and investment grade bonds.

Looking at performance since Sept. 30, 2015, the S&P 500 Bond Mega 30 High Yield Index outperformed and rose 28 %, while the S&P 500 Bond Mega 30 Investment Grade Index gained 9.04 % and the S&P China Corporate Bond Index gained 6.35 %.

Exhibit 1: Total Return Performance of the S&P China Bond Index, S&P China Government Bond Index, and the S&P China Corporate Bond Index

The market value of the S&P China Corporate Bond Index also gained 15 % in the past year.

We first ranked and sorted the 30 largest bonds in the S&P China Corporate Bond Index and compared them against the S&P 500 Bond Mega 30 Indices.

The S&P China Corporate Bond Index outperformed the S&P China Sovereign Bond Index and gained 4.26 % YTD, and its yield - to - maturity tightened by 110 bps to 4.26 % as of June 29, 2015 — a level last seen in late 2010.

Within the Chinese corporate bond market, the offshore market, denoted by the S&P / DB ORBIT Credit Index, is relatively small compared with the onshore market, represented by the S&P China Corporate Bond Index.

The S&P China Government Bond Index dropped 2.35 % during the same period, underperforming the S&P China Corporate Bond Index.

Not exact matches

iShares S&P ® / TSX ® 60 Index Fund («XIU»), iShares S&P / TSX Capped Composite Index Fund («XIC»), iShares S&P / TSX Completion Index Fund («XMD»), iShares S&P / TSX SmallCap Index Fund («XCS»), iShares S&P / TSX Capped Energy Index Fund («XEG»), iShares S&P / TSX Capped Financials Index Fund («XFN»), iShares S&P / TSX Global Gold Index Fund («XGD»), iShares S&P / TSX Capped Information Technology Index Fund («XIT»), iShares S&P / TSX Capped REIT Index Fund («XRE»), iShares S&P / TSX Capped Materials Index Fund («XMA»), iShares Diversified Monthly Income Fund («XTR»), iShares S&P 500 Index Fund (CAD - Hedged)(«XSP»), iShares Jantzi Social Index Fund («XEN»), iShares Dow Jones Select Dividend Index Fund («XDV»), iShares Dow Jones Canada Select Growth Index Fund («XCG»), iShares Dow Jones Canada Select Value Index Fund («XCV»), iShares DEX Universe Bond Index Fund («XBB»), iShares DEX Short Term Bond Index Fund («XSB»), iShares DEX Real Return Bond Index Fund («XRB»), iShares DEX Long Term Bond Index Fund («XLB»), iShares DEX All Government Bond Index Fund («XGB»), and iShares DEX All Corporate Bond Index Fund («XCB»), iShares MSCI EAFE ® Index Fund (CAD - Hedged)(«XIN»), iShares Russell 2000 ® Index Fund (CAD - Hedged)(«XSU»), iShares Conservative Core Portfolio Builder Fund («XCR»), iShares Growth Core Portfolio Builder Fund («XGR»), iShares Global Completion Portfolio Builder Fund («XGC»), iShares Alternatives Completion Portfolio Builder Fund («XAL»), iShares MSCI Emerging Markets Index Fund («XEM») and iShares MSCI World Index Fund («XWD»), iShares MSCI Brazil Index Fund («XBZ»), iShares China Index Fund («XCH»), iShares S&P CNX Nifty India Index Fund («XID»), iShares S&P Latin America 40 Index Fund («XLA»), iShares U.S. High Yield Bond Index Fund (CAD - Hedged)(«XHY»), iShares U.S. IG Corporate Bond Index Fund (CAD - Hedged)(«XIG»), iShares DEX HYBrid Bond Index Fund («XHB»), iShares S&P / TSX North American Preferred Stock Index Fund (CAD - Hedged)(«XPF»), iShares S&P / TSX Equity Income Index Fund («XEI»), iShares S&P / TSX Capped Consumer Staples Index Fund («XST»), iShares Capped Utilities Index Fund («XUT»), iShares S&P / TSX Global Base Metals Index Fund («XBM»), iShares S&P Global Healthcare Index Fund (CAD - Hedged)(«XHC»), iShares NASDAQ 100 Index Fund (CAD - Hedged)(«XQQ») and iShares J.P. Morgan USD Emerging Markets Bond Index Fund (CAD - Hedged)(«XEB»)(collectively, the «Funds») may or may not be suitable for all investors.

The S&P China High Quality Corporate Bond 3 - 7 Year Index, an investible index tracks the performance of Chinese corporate bonds within three to seven year tenors and uses more stringent rating criteria, has outperformed its boarder benchmark and returned 5.70 % YTD, as of August Corporate Bond 3 - 7 Year Index, an investible index tracks the performance of Chinese corporate bonds within three to seven year tenors and uses more stringent rating criteria, has outperformed its boarder benchmark and returned 5.70 % YTD, as of August 27, Index, an investible index tracks the performance of Chinese corporate bonds within three to seven year tenors and uses more stringent rating criteria, has outperformed its boarder benchmark and returned 5.70 % YTD, as of August 27, index tracks the performance of Chinese corporate bonds within three to seven year tenors and uses more stringent rating criteria, has outperformed its boarder benchmark and returned 5.70 % YTD, as of August corporate bonds within three to seven year tenors and uses more stringent rating criteria, has outperformed its boarder benchmark and returned 5.70 % YTD, as of August 27, 2015.

Recent innovations include the S&P 500 ® Bond Index covering corporate bonds issued by the companies in the S&P 500, the S&P U.S. Aggregate Bond Index, as well as indices that track the global developed sovereign, China onshore, Pan Asia, ESG, Indian, and African bond markBond Index covering corporate bonds issued by the companies in the S&P 500, the S&P U.S. Aggregate Bond Index, as well as indices that track the global developed sovereign, China onshore, Pan Asia, ESG, Indian, and African bond markBond Index, as well as indices that track the global developed sovereign, China onshore, Pan Asia, ESG, Indian, and African bond markbond markets.

Looking at the country level, the S&P China Bond Index rose 3.24 % YTD as of June 29, 2015, compared to the 1.95 % YTD gain of the S&P Pan Asia Bond Index, which tracks the performance of local - currency - denominated government and corporate bonds from 10 countries in the Pan Asia region.

Some of the outperformers are the S&P Eurozone Developed Sovereign Bond Index (up 11.98 %), the S&P U.S. Issued Investment Grade Corporate Bond Index (up 7.71 %) and the S&P China Government Bond Index (up 10.35 %).

In response to concern related to the discrepancies between Chinese domestic and international ratings, we launched the S&P China High Quality Corporate Bond 3 - 7 Year Index, which is designed to measure higher - quality corporaCorporate Bond 3 - 7 Year Index, which is designed to measure higher - quality corporatecorporate bonds.

The S&P 500 Bond Index market value is larger than China's and Japan's corporate bond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markBond Index market value is larger than China's and Japan's corporate bond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markbond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markbond markets.

In the search for higher - quality corporate bonds, we adopted a two - tier screening approach in our index design and launched the S&P China High Quality Corporate Bond 3 - 7 Yecorporate bonds, we adopted a two - tier screening approach in our index design and launched the S&P China High Quality Corporate Bond 3 - 7 Year Iindex design and launched the S&P China High Quality Corporate Bond 3 - 7 YeCorporate Bond 3 - 7 Year IndexIndex.

Within the corporate bond market, the S&P China Industrials Bond Index is the largest and the fastest growing sector, which represents over 48 % of the marbond market, the S&P China Industrials Bond Index is the largest and the fastest growing sector, which represents over 48 % of the marBond Index is the largest and the fastest growing sector, which represents over 48 % of the market.

The index currently tracks the performance of 9,650 government and corporate bonds from China.

The S&P China Bond Index rose 0.70 % MTD and 2.85 % YTD, led by the gains in the corporate bonds.

And noticeably, the market value tracked by the S&P China Bond Index rose 16 % to RMB 26 trillion, fueled by the strong issuance in the corporate market.

Comparing across the sectors, the Chinese government bonds outperformed the corporate bonds last month; the S&P China Government Bond Index advanced 1.56 %.