STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and Maturity Bucket Sub-Indices.
They expand the EURO STOXX 50 Corporate Bond Index, which was launched in April and is the fixed income equivalent of the EURO STOXX 50, including the bonds of the blue-chip companies in the Eurozone.
The new sub-indices represent certain maturity buckets, industries and rating classes. The maturity buckets include 1 – 3 years, 3 – 5 years, 5 – 7 years, and more than 7 years. There are also a EURO STOXX 50 Corporate Bond Financials, EURO STOXX 50 Corporate Bond Ex-Financials incl. maturity buckets and a higher quality AAA-A version.