These indices are the first in a series of index products to be developed by the consortium, providing investors with a new source of index information on euro- and sterling- denominated bonds.
The iBoxx suite is a new generation of fixed income indices based on continuous, consistent pricing by leading market-makers in the European fixed income and derivatives market and is calculated and distributed in real-time by Deutsche Börse as the foremost European exchange organisation.
As of the first quarter of 2001, further iBoxx indices will be launched. The iBoxx Euro-Collateralized Bond Indices will be followed by the iBoxx Euro-Sub-Sovereign Indices and the iBoxx Euro Corporate Bond Indices. The iBoxx Sterling Index family is also slated for release next year.
The indices and supporting information such as constituents, history and rules will be available from the consortium members. Index levels are being distributed via the real time feeds of Deutsche Börse and can be accessed through the information vendors.
