The FTSE Global Bond Index Series will provide access to a full range of independently produced bond indices using a wide range of pricing sources.
Over the coming months, FTSE will create new indices to add to the series, providing an extensive range of narrow tradable government bond indices and broader benchmark bond indices for use by global investors. The new indices will include country and regional government bond indices, as well as corporate bond indices. FTSE is confident that ETFs will be launched on the FTSE Global Bond Index Series soon.
Mark Makepeace, Chief Executive of FTSE Group said: "Today's announcement and the ongoing development of the FTSE Global Bond Index Series means that FTSE can now meet both the equity and fixed income index needs of our global investment clients. For the first time, investors will have access to a global range of bond indices using liquid prices from a wide range of sources."
Through the creation of the FTSE Global Bond Index Series, FTSE expands its scope to include a comprehensive set of indices measuring the bond markets and now offers an enhanced service to clients who manage bond portfolios. The FTSE Global Bond Index Series will complement the FTSE All-World global equity index series currently used by investors worldwide.
Reuters will continue to distribute the FTSE Global Bond Index series via its global market data product portfolio.
Bill Goldy, Managing Director of Fixed Income, Reuters said: "Reuters and FTSE share a vision that financial professionals, now more than ever, have a pressing need for independent and standardised benchmarks and indices. This agreement brings together FTSE's experience in the creation and management of indices and Reuters' vast data network. The existing indices, and the new indices planned, are aligned with Reuters' commitment to the global fixed income market and our objective to supply the most comprehensive and reliable data in the field."
