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Solactive is pleased to announce the launch of its Solactive Broad Global Developed Government Bond TR EUR Index, a broad benchmark engineered to replicate the performance of the global developed sovereign local currency debt markets. With this Benchmark Index, Solactive is able to substantially extend its coverage in the sovereign debt space, allowing asset managers to gain exposure to the developed sovereign debt market which has a size of over 20.5 tn USD[1]. Initially designed as an underlying for various financial instruments, the index bears the opportunity to function as a starting universe for bespoke index solutions including regional and maturity subsets as well as alternative weighting approaches and ESG tilts.
As a consequence of the strong demand for multi-currency sovereign indices, Solactive decided to expand its coverage of government bonds to a global extent, resulting in our new Global Developed Government Bond Index. The index can be tailored specifically for our clients based on their strategic requirements and distinct country focuses. Furthermore, we are taking the opportunity to release seven additional regional sub-indices of our global index that cover dedicated regions such as the Nordics or the Eurozone.”
The index components are weighted according to their respective market values in proportion to the aggregated market value of all index components in the index.
1 Measured as the market value of the Solactive Broad Global Developed Government Bond TR EUR Index, as of 11th of October.
