Deutsche Börse Introduces New Corporate Bond Indices

07/05/2013

Deutsche Börse has launched the new XETRA Prime and Entry Standard Bond index family. The new index family tracks all corporate bonds in the Entry Standard and Prime Standard for corporate bonds.

Three indices are calculated, each as price and performance index:

XETRA Prime Standard Corporate Bond Price Index EUR (DE000A1EX3J6)
XETRA Prime Standard Corporate Bond Total Return Index EUR (DE000A1EX3K4)

XETRA Entry Standard Corporate Bond Price Index EUR (DE000A1EX3L2)
XETRA Entry Standard Corporate Bond Total Return Index EUR (DE000A1EX3M0)

XETRA Overall Corporate Bond Price Index EUR (DE000A1EX3N8)
XETRA Overall Corporate Bond Total Return Index EUR (DE000A1EX3P3)

The indices are calculated according to the same method as the eb.rexx indices: they reflect weighted market capitalisation; that is, the current share price multiplied by the nominal issue volume. This ensures broad representative tracking of the segments plus maximum tradability of the indices.

“The corporate bond market is increasingly gaining in importance. Two years after the launch of the Entry Standard for bonds, we are now Germany's market leader with 32 bonds. With the Prime Standard for corporate bonds launched in October 2012, we are the first stock exchange to offer major established companies a customised platform, which is already used by four companies with five bonds. The Frankfurt Stock Exchange is a one-stop shop for placement, listing and trading via its high-performance and globally linked infrastructure. Tracking the performance of these segments with highly accurate indices that correspond to market requirements thus makes perfect sense,” noted Dr Martin Reck, Cash Market Managing Director at Deutsche Börse.

STOXX Limited performs the calculation of the XETRA Prime and Entry Standard Bond index family. STOXX