The yield book and citi fixed income indices have a client base of more than 350 institutions offering services used to analyse fixed income. About the yield book and citi fixed income indices. Ftse russell and refinitiv extend fixed income relationship refinitiv. The ftse pension liability index reflects the discount rate that can be used to value liabilities for gaap reporting purposes. Lseg to acquire leading providers of fixed income indices. Citi sells fixed income analytics and index businesses to. Citi announces sale of its fixed income analytics and index. London stock exchange lse completed yield book and citi fixed income indices acquisition from citigroup.
London stock exchange group plc lseg to acquire the yield. This link navigates to a non yield book website licensing ftses range of fixed income indexes are designed, calculated, and published by ftse index and may be licensed for use as underlying indexes for otc or exchangetraded derivatives and investment products, including etfs, swaps, structured products, warrants, and certificates. May 30, 2017 get the latest financial news from citi, the worldwide leader in consumer and corporate banking. Citi to acquire the yield book and citi fixed income indices, a fixed income analytics platform and index business. Nathalie clissen the yield book product specialist ftse. Announcement the yield book and citi fixed income acquisition. Choose from a comprehensive range of global debt market indexes, widely used by the investment community. Jun 04, 2017 the deal to acquire the yield book and citi fixed income indices both leading providers of fixed income indices and analytics globally from citi, includes the world government bond index wgbi.
Lseg to acquire citigroups yield book and citi fixed. Aug 31, 2017 london stock exchange lse completed yield book and citi fixed income indices acquisition from citigroup. Ftse world government bond index developed markets wgbidm. Lse buys citis fixedincome indices investment executive. Access 30 years of index time series data, and leverage our 30 years of benchmarking expertise. Created in 1994, it is a trusted source for plan sponsors and actuaries to value definedbenefit pension liabilities in compliance with the secs and fasbs requirements on the establishment of a discount rate. After a strong start to the year, us high yield hy bonds faced a slight correction in march as crude oil prices dropped % in the first two weeks of the month on oversupply issues. Whats next for high yield fixed income citi private bank. Fixed income risk models 2002 pricing, hedging, and risk analysis of all securities can be done with the same models eliminating inconsistencies between assumptions. Citi s sale of its yield book fixed income analytics system, and the fixed income indices including the world government bond index wgbiisnt a surprise, as the company has been looking to.
Citigroup index llc, a subsidiary of citigroup inc. Yield book is a registered service mark of the yield book inc. Citigroup said to explore sale of yield book bloomberg. Beyond ratings, a leading provider of climate risk in fixed income and yield book have combined their expertise in a flexible and transparent analytics solution. Consolidated listing of yield book related news, updates, and announcements. The streamlining of citi continues with sale of yield book. May 30, 2017 london stock exchange group lseg has reached an agreement with citigroup inc. Despite a recent reduction to our us high yield allocation, we still see potential opportunities here and elsewhere within high yield fixed income. The businesses mortgage models are widely considered to set the industry standard.
Ftse world government bond index developed markets wgbidm measures the performance of fixedrate, local currency, investmentgrade global sovereign bonds issued in developed markets. Lab49 and the yield book collaborate in building next. The partnership between citi and the yield book, which has spanned over 30 years, will continue into the future. Citi launches a series of emerging markets government bond indices july 08, 20 02. Citi will remain a significant customer of the yield book and a long term partner. This partnership will help accelerate the growth of our business, richard burns, global head of the yield book and citi fixed income indices, said in a.
Citi rafi world corporate investmentgrade bond index. Introducing new names for the citi fixed income indices. Citi fixed income indices have been producing fixed income indices for more than 30 years. Jul 06, 2016 citigroup said to explore sale of yield book. London stock exchange to acquire the yield book and fixed.
Please complete this form to access your copy of the yield book and citi fixed income postcompletion faq. For additional information, please contact fixed income investor relations at 212 5595091. Citi announces sale of its fixed income analytics and. Lse bolsters ftse russell franchise with acquisition of citi. Lseg to acquire the yield book and citi fixed income indices from citi, including the world government bond index wgbi, for total cash. Citis sale of its yield book fixed income analytics system, and the fixed income indicesincluding the world government bond index wgbiisnt a surprise, as the company has been looking to. Ftse russells acquisition, in august 2017, of the yield book and citi index business substantially enhanced its fixed income offering. The yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyze fixed. Citi launches a series of emerging markets government bond. According to citis global head of investor services okan pekin, the yield book and citi fixed income indices, which includes the world government bond index, will become part of a global. London stock exchange group completes the acquisition of yield book and citi fixed income indices. The investment thesis underpinning these strategies is based on the premise that many fixed income investors reach for yield, driving up the prices of riskier bonds. Lseg acquiring yield book and citi fixed income indices from. May 30, 2017 the yield book and citi fixed income indices have a client base of more than 350 institutions offering services used to analyse fixed income instruments including mortgage, government, corporate.
Lseg to acquire the yield book and citi fixed income indices. May 30, 2017 the yield book and citis fixed income indices service a client base of over 350 institutions globally and are used in analyzing a broad array of fixed income instruments, and in particular. Salomon brothers, the wall street firm that essentially created the modern fixedincome market, started yield book in 1989 as a software tool for helping customers calculate bond yields. Depth of market coverage includes sovereign, investment grade corporate, high yield and securitized debt, with full coverage of the emerging markets and u.
The yield book, a wholly owned subsidiary of citi, is a leading provider of fixedincome analytical and data products and solutions that combine. Ftses range of fixed income indexes are designed, calculated, and published by ftse index and may be licensed for use as underlying indexes for otc or exchangetraded derivatives and investment products, including etfs, swaps, structured products, warrants, and certificates. Lse bolsters ftse russell franchise with acquisition of. Citi launches a series of emerging markets government bond indices new yorkbusiness wire citi has added a suite of emerging markets indices to. Mpf world government bond index october 31, 2016 citi fixed income indices 02 the information and data collectively, index data contained in this citi fixed income indices factsheet the factsheet is provided by citigroup index llc citiindex solely for information. Lseg to acquire citigroups yield book and citi fixed income. I very much look forward to working together with the team at the yield book and citi fixed income indices as we develop our businesses over the coming months.
May 30, 2017 according to citi s global head of investor services okan pekin, the yield book and citi fixed income indices, which includes the world government bond index, will become part of a global. Extensive and clean data sets citi indices yield book has a long track record since 1991. The yield book and citis fixed income indices service a client base of over 350 institutions globally and are used in analyzing a broad array. Fixed income indexes are also available in yield book, a leading portfolio analytics platform for benchmark analysis and risk management. Extensive and clean data sets citi indices yield book has a long track record since 1991 used internally at citi by trading and sales robust. Access marketleading data and models for indepth fixed income security and portfolio analysis ranging from vanilla bonds to highly structured mortgages and complex derivatives. Lseg completion of acquisition of the yield book and citi. View mengchu lees profile on linkedin, the worlds largest professional community. Okan pekin, global head of investor services and dcc at citi. Index guide ftse fixed income index guide yield book. These indices, designed to appeal to a wide range of market participants, are widely followed and broadly published.
Brieflse completes acquisition of yield book, citi fixed. May 30, 2017 the yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyze fixed income instruments including mortgage, government. The yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyze. The yield book bloomberg crfwcigu citi rafi world corporate investmentgrade bond index in usd terms 4 please see important information section. Lse to buy citis bonds analysis and indexes business for. May 30, 2017 citi will remain a significant customer of the yield book and a long term partner. The yield books highly respected analytics platform is operating in its third decade and serves approximately 350 institutions globally including investment management firms, banks, central banks, insurance companies, pension funds, brokerdealers, hedge funds and investment management firms. The deal to acquire the yield book and citi fixed income indices both leading providers of fixedincome indices and analytics globally from citi. Jul 18, 2016 the yield book, a wholly owned subsidiary of citi, is a leading provider of fixed income analytical and data products and solutions that combine markettested models with power, versatility, and.
Our range of tools and solutions have been designed to give you the insights needed to make quicker and smarter decisions. Lseg acquiring yield book and citi fixed income indices. May 30, 2017 the transaction includes citigroups fixedincome analytics platform, the yield book, and indexes including the world government bond index, the new yorkbased bank said tuesday. Nathalie clissen the yield book product specialist. Get the latest financial news from citi, the worldwide leader in consumer and corporate banking.
Citi rafi sovereign developed markets bond index series. The yield book and citi fixed income indices, an analytics platform and fixed income index business, and mergent, a global provider of business and financial. Citi to acquire the yield book and citi fixed income indices, a. Citi fixed income indices citi rafi world corporate investmentgrade bond index 01 citi rafi bonds index series citi rafi sovereign developed markets. The salomon smith barney family of fixed income indices has been rebranded by citigroup fixed income index llc. Local currency bond index series citi rafi world corporate investmentgrade. Then, on august 31, 2017 london stock exchange group lseg completed the acquisition of the yield book and citi fixed income indices businesses from citi. Following satisfaction of closing conditions, has completed acquisition of yield book and citi fixed income indices from citigroup source text for. London stock exchange group lseg has reached an agreement with citigroup inc. The yield book and citis fixed income indices service a client base of over 350 institutions globally and are used in analysing a broad array of fixed income instruments, and in particular, mortgage, government, corporate and derivative securities. The deal is subject to regulatory approval and other closing conditions.