Barclays Launches Inflation-Linked Emerging Market Debt Indexes
According to the announcement, this is the first
time a full family of indexes has been available to asset
managers and institutional investors looking for a
representative benchmark for government inflation-linked
debt within developing nations. The indexes were created
by the Barclays Capital Index Products Group and approved
by the independent Barclays Capital Inflation-linked
Index Committee.
Individual indexes track the performance of
inflation-linked bonds issued by the sovereign
governments of Argentina, Brazil, Chile, Colombia,
Mexico, Poland, South Korea, and Turkey. These
indexes (along with the pre-existing Barclays/BESA South
African Inflation-Linked Bond Index) are then used to
create indexes tracking debt within Latin America, Asia,
Eastern Europe, Middle East, and Africa (EEMEA), the
announcement said. All of these component indexes
then roll up to form the Emerging Market Government
Inflation-Linked Bond benchmark index.
Barclays Capital will also make customized indexes
available and provide support and analytics for these
indexes via Web based and other e-commerce
protocols. The indexes are calculated daily and use
standard settlements and market calendars most
appropriate for international investors.
Complete index rules are available in Barclays Capital’s new Inflation-linked Emerging Markets Index Guide.
More information can be found at www.barclayscapital.com .