BondVision announced the addition of US Treasuries to its product offering with effect from January 2006.
BondVision will initially list ‘on-the-run’ and other benchmark US Treasuries. In addition, US Treasury bills, index-linked bonds and ‘principal strips’ are expected to be added to the portfolio in line with the Company’s services in respect of European government securities.
“We are delighted at the prospect of offering, alongside our dealer partners, US Treasuries as an aspect of our ongoing commitment to provide clients with the broadest access to the pan-European fixed-income market and beyond,” Gianluca Garbi, CEO of BondVision. “Clients who wish to trade in US Treasuries will now be able to avail themselves of the functionality and efficiency that is synonymous with BondVision.”
BondVision dealers which have already expressed their support for US Treasury trading include: ABN Amro, Barclays, Caboto, DrKW, Lehman Brothers, RBS Financial Markets, UBM and UBS. Other BondVision dealers are expected to follow suit shortly with no additional membership fees required from existing dealers. Investors trade free of charge.
“BondVision’s expansion into US Treasuries will provide Barclays Capital’s clients with additional access to our valuable BARX pricing,” said Harry Harrison, Managing Director and Head of US Dollar Trading at Barclay’s Capital. “This development extends BondVision’s established efficiency and price discovery to an additional segment of the global bond market and provides additional flexible distribution for BARX.”