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|colspan=2|* EGBI (FTSE EMU Government Bond Index) consists of EMU-participating countries that meet the WGBI criteria for market inclusion: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, and Spain
|colspan=2|* EGBI (FTSE EMU Government Bond Index) consists of EMU-participating countries that meet the WGBI criteria for market inclusion: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, and Spain
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The '''FTSE World Government Bond Index (WGBI)''' is a [[market capitalization]] weighted [[bond index]] consisting of the [[government bond]] markets of the multiple countries.<ref>{{Cite news|last=Yu|first=Xie|date=2020-09-25|title=China’s Bonds Win Third Key Index Inclusion|language=en-US|work=The Wall Street Journal|url=https://www.wsj.com/articles/chinas-bonds-win-third-key-index-inclusion-11600994714|url-status=live|access-date=2020-09-25|issn=0099-9660}}</ref> Country eligibility is determined based upon market capitalization and investability criteria. The index includes all fixed-rate bonds with a remaining maturity of one year or longer and with amounts outstanding of at least the equivalent of US$25&nbsp;million. Government securities typically exclude floating or variable rate bonds, US/Canadian savings bonds and private placements. It is not possible to invest directly in such an index.
The '''FTSE World Government Bond Index (WGBI)''' is a [[market capitalization]] weighted [[bond index]] consisting of the [[government bond]] markets of the multiple countries.<ref>{{Cite news|last=Yu|first=Xie|date=2020-09-25|title=China's Bonds Win Third Key Index Inclusion|language=en-US|work=The Wall Street Journal|url=https://www.wsj.com/articles/chinas-bonds-win-third-key-index-inclusion-11600994714|url-status=live|access-date=2020-09-25|issn=0099-9660}}</ref> Country eligibility is determined based upon market capitalization and investability criteria. The index includes all fixed-rate bonds with a remaining maturity of one year or longer and with amounts outstanding of at least the equivalent of US$25&nbsp;million. Government securities typically exclude floating or variable rate bonds, US/Canadian savings bonds and private placements. It is not possible to invest directly in such an index.


On August 31, 2017 London Stock Exchange Group (“LSEG”) completed the acquisition of The Yield Book and Citi Fixed Income Indices businesses from Citi. The name has been changed from the Salomon Smith Barney World Government Bond Index, to the Citigroup World Government Bond Index and now the FTSE World Government Bond Index.
On August 31, 2017 London Stock Exchange Group (“LSEG”) completed the acquisition of The Yield Book and Citi Fixed Income Indices businesses from Citi. The name has been changed from the Salomon Smith Barney World Government Bond Index, to the Citigroup World Government Bond Index and now the FTSE World Government Bond Index.

Revision as of 01:12, 27 November 2022

Composition by country as of March 31, 2022[1]
Country Market Weight %
United States 40.52
EGBI* 31.63
Japan 16.03
United Kingdom 4.55
Others 7.28
* EGBI (FTSE EMU Government Bond Index) consists of EMU-participating countries that meet the WGBI criteria for market inclusion: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, and Spain

The FTSE World Government Bond Index (WGBI) is a market capitalization weighted bond index consisting of the government bond markets of the multiple countries.[2] Country eligibility is determined based upon market capitalization and investability criteria. The index includes all fixed-rate bonds with a remaining maturity of one year or longer and with amounts outstanding of at least the equivalent of US$25 million. Government securities typically exclude floating or variable rate bonds, US/Canadian savings bonds and private placements. It is not possible to invest directly in such an index.

On August 31, 2017 London Stock Exchange Group (“LSEG”) completed the acquisition of The Yield Book and Citi Fixed Income Indices businesses from Citi. The name has been changed from the Salomon Smith Barney World Government Bond Index, to the Citigroup World Government Bond Index and now the FTSE World Government Bond Index.

Countries included

Countries in the index include:

  • Australia
  • Austria
  • Belgium
  • Canada
  • China
  • Denmark
  • Finland
  • France
  • Germany
  • Ireland
  • Israel
  • Italy
  • Japan
  • Malaysia
  • Mexico
  • Netherlands
  • Portugal
  • Singapore
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
  • United States

See also

References

  1. ^ "FTSE World Government Bond Index (WGBI)" (PDF). FTSE Russell. 31 March 2022.
  2. ^ Yu, Xie (25 September 2020). "China's Bonds Win Third Key Index Inclusion". The Wall Street Journal. ISSN 0099-9660. Retrieved 25 September 2020.{{cite news}}: CS1 maint: url-status (link)
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