FTSE acquires Reuters Bondtop fixed income indices

FTSE acquires Reuters Bondtop fixed income indices

FSTE Group has acquired the Reuters Bondtop indices, to form the basis for a new global bond index series to be released on Monday.

The move into fixed income complements the FTSE all-world global equity index series currently used by investors worldwide.

FTSE says it will add to the new series in coming months, allowing for the support of Exchange Traded Funds (ETFs), index-linked funds and derivative products.

The new indices will include country and regional government bond indices, as well as corporate bond indices.

Under the agreement, Reuters will continue to distribute the series via its global market data product portfolio.

Bill Goldy, managing director of fixed income, Reuters, says: "This agreement brings together FTSE's experience in the creation and management of indices and Reuters' vast data network."

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