The iBoxx ABF China is designed to measure the performance of CNY-denominated sovereign and sub-sovereign bonds in China. The index includes central government bonds with a minimum amount outstanding of CNY 20 billion, policy bank bonds and explicitly guaranteed sub-sovereign bonds with a minimum amount outstanding of CNY 10 billion, and green bonds from sub-sovereign issuers with a minimum amount outstanding of CNY 1.5 billion. Bonds must have a minimum initial time to maturity of 18 months at issuance and a remaining time to maturity of at least one year at rebalancing. While sovereign bonds require no rating, sub-sovereign bonds must be rated investment grade and supranational bonds must be rated AA- or higher. Bonds must be domestic instruments tradable in the local market, excluding offshore Renminbi (Dim Sum) bonds.