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Products October 13, 2011
Australian Fixed Income Index Series Launched
October 13, 2011 (PLANSPONSOR.com) - S&P Indices and the Australian Securities Exchange (ASX) have launched a package of benchmarking tools for fixed interest investments in Australia.
Reported by Rebecca Moore
The launch of the S&P/ASX Australian Fixed Income Series will complement Australia’s official S&P/ASX Equity Index Series, providing a complete offering across the key asset classes of cash, fixed income, and equities, according to a press release.
The S&P/ASX Australian Fixed Income Index Series is a broad benchmark suite of indices designed to measure the performance of the Australian short-term money market and the Australian bond market which meet the index eligibility criteria.
The Series comprises:
- The S&P/ASX Australian Fixed Interest Index – the flagship bond index, measuring the performance of the Australian bond market and the sub-sector indices;
- The S&P/ASX Government Bond Index;
- The S&P/ASX Commonwealth Government Bond Index;
- The S&P/ASX State Government Bond Index;
- The S&P/ASX Corporate Bond Index;
- The S&P/ASX Supranational and Sovereign Bond Index; and
- The S&P/ASX Bank Bill Index – measuring the performance of the Australian short-term money market.
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