International Index company’s iBoxx US Dollar Bond indices, a family of independent indices based on multi-contributor pricing covering the major markets in USD, Sterling, Euro, and local Asian currencies, have been launched, according to Barclays, a contributing shareholder.
“Barclays is a founding shareholder of International Index Company (IIC) and we are glad to see how this investment is helping us provide our clients and our markets with the visibility, confidence, and liquidity only an index with a multi-contributor pricing model can provide,” said Mark Howard, head of Credit Research at Barclays Capital. “We are seeing how products based on these independent indices have proven very successful.”