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CIBC: FTSE Canada Universe Bond Index Will See Relatively Small Index Extension

CANADA

CIBC note that “the FTSE Canada Universe Bond Index will experience a relatively small extension of +0.013 years from now to July 4th as a result of approximately C$7.1bln worth of bonds rolling out of the index. Meanwhile, duration changes in the Short, Mid and Long segments are rather insignificant at 0.006 years, -0.006 years, and -0.004 years respectively.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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