S&P Dow Jones Indices (S&P DJI) has launched a new family of Global Inflation-Linked Sovereign Indices to effectively measure inflation-linked country debt within these classifications.
The launch of the S&P Global Sovereign Inflation-Linked Bond Indices is part of S&P DJI’s global initiative to expand its fixed income index offerings globally across more bond types.
The S&P Global Sovereign Inflation-Linked Bond Indices are broad, comprehensive, market value-weighted indices that seek to measure the performance of the inflation-linked securities market. The Indices are comprised of a universe of fixed rate, locally denominated inflation-linked sovereign debt publicly issued by governments in their domestic markets.
“Investors are increasingly casting an eye toward local currency bonds as a means of generating additional diversification properties within their portfolios,” says Alex Matturri, CEO of S&P Dow Jones Indices. “The potential for inflationary pressures across the developed and emerging markets is real, and investors realise this. Today’s launch of the S&P Global Sovereign Inflation-Linked Bond Indices allows investors to effectively gauge the relative risk and performance of the country debt being issued across developed and emerging markets in Africa, Asia-Pacific, Europe, and the Americas. It also represents an important milestone for S&P Dow Jones Indices in its pursuit to publish a deeper lineup of indices across more bond types globally.”
