The Tokyo Stock Exchange (TSE) has approved the listing of the ABF Pan Asia Bond Index Fund (PAIF) exchange traded fund (ETF). The ETF, which is scheduled to be listed on June 19, 2009, will be the first ever bond index-linked ETF to be listed on the TSE.
The ETF tracks the iBoxx ABF Pan-Asia Index, which is intended to measure the performance of government and quasi-government bonds in 8 Asian markets: China, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand.
Please refer here for the TSE’s press release.
D.C.