Credit Suisse First Boston announced effective today that CSFB’s Liquid Global Fixed Income Indices are now available on Bloomberg. CSFB customers who are Bloomberg users are able to access all of CSFB’s liquid bond indices, including the Liquid U.S. Corporate Index (LUCI), the Liquid Agency Index (LUAI), the Liquid Eurobond Index (LEI), the Mortgage Index (MTGI), and the Liquid Japanese Corporate Index (LJCI). All of CSFB’s Interest Rate Indices as well as our new Liquid Swiss Index (LSI) will soon follow.
The price, yield and spread of each individual bond composing each CSFB index is reported daily by a CSFB trader who makes a market in the given security. This pricing approach, as opposed to alternatives such as matrix pricing, ensures timely and reliable pricing information, enabling clients to conduct accurate relative value and portfolio performance analysis and correctly gauge market trends and conditions with much finer precision. CSFB’s new Index Platform on Bloomberg offers time series data on price return, total return, spread over benchmarks, and spread over swaps. Market statistics, such as yield to maturity, modified duration and excess total returns are also offered on a daily basis.
“We’re quite pleased to have the full family of fixed income indices on Bloomberg,” s ays Baldwin Smith, Index Group Head at CSFB. “Previously, our index tools were only available on the Firm’s research website, but the expanded Bloomberg platform enables broader use of the tools by anyone who has a Bloomberg terminal and access to our screens.”
To access the indices, users enter ‘CSLI GO’ and are taken to the main CSFB fixed income index page. From there, users can examine historical data on a particular sub-sector or review the aggregate index statistics. In addition, users can create customized spreadsheets and technical charts on-screen or, if they wish, integrate such data into an Excel spreadsheet via the Bloomberg Application Program Interface (API).