HSBC launches new local bond index

Index fever strikes again, as HSBC launches a new series of indices measuring the local bond markets.
March 26, 2002

The HSBC Asian Local Bond Index (ALBI) will measure the total return of liquid, local currency bonds in Hong Kong, India, Malaysia, the Philippines, Singapore Taiwan and Thailand. There will be eight sub indices measuring the local currency performance of each of the local markets mentioned above as well as one for China.

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