FTSE Russell, LSEG’s global index provider, today announces that it has reached agreement with China Construction Bank (CCB) to launch the FTSE CCB Dim Sum (Offshore CNY) Green Bond Index, developed in collaboration with the bank.
The new index offers a transparent, rules-based benchmark designed to measure the performance of offshore RMB-denominated (“Dim Sum”) green bonds, supporting investor access to a fast-growing segment of the global fixed income market.
The FTSE CCB Dim Sum (Offshore CNY) Green Bond Index combines targeted exposure to the offshore RMB-denominated Dim Sum bond market with robust green bond eligibility criteria aligned with internationally recognised standards, including the Climate Bonds Initiative (CBI), within a framework designed to reflect the investable CNH green bond universe.
The new index enables investors to access offshore RMB-denominated green bond exposure through a clear, investable benchmark and to allocate capital more efficiently to China-related sustainable fixed income within global portfolios.
Stephanie Maier, Head of Sustainable at FTSE Russell, said:
“The development of a transparent benchmark for offshore RMB green bonds marks an important step in expanding access to China-related sustainable fixed income. As highlighted in the UK–China Economic and Financial Dialogue, deepening cross-border investment opportunities remains a key priority, and this index supports investors seeking diversification while contributing to the internationalisation of RMB.”
Ying Yan, General Manager at China Construction Bank London Branch, commented:
“We are pleased to collaborate with FTSE Russell and have reached agreement to launch the FTSE CCB Dim Sum (Offshore CNY) Green Bond Index, one of the first dedicated benchmarks for the offshore RMB green bond market. This initiative reflects our continued commitment to advancing green finance and supporting the development of the offshore RMB market. The index provides investors with a clear and structured framework to access this growing segment, facilitating capital allocation to sustainable projects and contributing to the broader development of China’s green bond market.”
