S&P Indices hasexpanded its family of fixed income indices with launch of Treasury Inflation Protected Security Index (TIPS Index). The S&P/BGCantor U.S. Treasury Inflation Protected Security Index will be the only index to use pricing exclusively from BGC Market Data, which provides the inflation adjusted price of each bond in the index.
The TIPS Indexis a market value-weighted index that plans to measure the performance of the U.S. TIPS market. S&P Indices will also publish the S&P/BGCantor U.S. Treasury Bond and Treasury Bill Indices on an intraday basis.
Click here for the release from PR Newswire.