March 21, 2024 14:51 GMT
CIBC See Modest FTSE CAD Index Extension This Month, Driven By Shorts
MONTH-END EXTENSIONS
CIBC suggest that ”the FTSE Canada Universe Bond Index is expected to have a modest extension of +0.025yrs on April 1 with Canada April 1/25 bond (C$11bln) rolling out of the index. The short segment will also extend by +0.011yrs for the same reason. Meanwhile, the mid segment will experience a duration change of -0.01yrs while duration of the long segment is expected to remain basically unchanged.”
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