Citi announces sale of its fixed income analytics and index. Citi will remain a significant customer of the yield book and a long term partner. Yield book incthe company profile and news bloomberg. Mpf world government bond index the mpf world government bond index mpf wgbi is designed to comply with the regulatory requirements governing investments in debt securities by hong kong mandatory provident fund schemes. Ftse russell and refinitiv extend fixed income relationship refinitiv. Accurate benchmarking citi fixed income indices yield book. Ftse russells acquisition, in august 2017, of the yield book and citi index business substantially enhanced its fixed income offering. The mpf world government bond index mpf wgbi is designed to comply with the regulatory requirements governing investments in debt securities by hong kong mandatory provident fund schemes. The index is based on the citi world government bond index wgbi1 which measures. Citi us broad investment grade corporate index 2007 vs. Lse eyes more index deals after agreeing to buy citis yield book. Additionally, citi will continue to be a significant customer of the yield book.
Citi,financial services,cash management, yield book, yield book, citigroup, fixed income. The yield books products and services will continue to be supported by a highly experienced team and the analytics platform will continue to grow. The yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyze fixed. The citi world government bond index developed markets wgbidm measures the performance of fixedrate, local currency, investmentgrade sovereign bonds issued in developed markets. May 30, 2017 get the latest financial news from citi, the worldwide leader in consumer and corporate banking. Online banking, mortgages, personal loans, investing. The short position is constructed using the cheapest to deliver 10year us. Lse eyes more index deals after agreeing to buy citis. The yield books mortgage models, developed in collaboration with citis mortgage quantitative analysis and research teams, are widely considered to be the industry standard. 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. Access the rich functionality using simple function calls. The transaction includes citis fixed income analytics platform, the yield book, and citi fixed income indices which include the world government bond index wgbi. Lseg acquiring yield book and citi fixed income indices from. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 28.
The index composition is based on the global sovereign markets and constituents of the citi world. Lse bolsters ftse russell franchise with acquisition of citi. Is citigroup c divesting analytics business yield book. The yield book bloomberg crfwcigu citi rafi world corporate investmentgrade bond index in usd terms 4 please see important information section. London stock exchange to acquire the yield book and fixed. The yield book and citi fixed income indices are both leading providers of fixed income indices and analytics globally. The yield book s products and services will continue to be supported by a highly experienced team and the analytics platform will continue to grow. Citi,financial services,cash management,yield book, yield book, citigroup, fixed income. The london stock exchange group lseg will acquire citis the yield book and citi fixed income indices, adding a fixed income analytics platform and further building ftse russells us market.
Ftse world government bond index developed markets wgbidm. Citi corporate investment grade treasury ratehedged index. 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. Track the movement of the 11 sector spdrs as well as the 500 component stocks. 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. Citi world government bond index developed markets yield book. Citi launches a series of emerging markets government bond. Fact sheet listing for citis global debt market indices, widely used by the investment community as the benchmark of choice. Citi world government bond index developed markets june 29, 2017 03 figure 1 design criteria and calculation assumptions for the citi world government bond index, continued composition sovereign debt denominated in the domestic currency. As part of the transaction, citi will remain a long term partner, collaborating with lseg on future development and support of certain models.
Contact details citi the americas asia pacific emea japan jayni kosoff zhanying li christopher j. The partnership between citi and the yield book, which has spanned over 30 years, will continue into the future. Citi announces sale of its fixed income analytics and. Browse citis global debt market indices, widely used by the investment community as the benchmark of choice. Nov 05, 20 the durationmatched short position in us treasury bonds is created to hedge the duration and yield curve exposure of the long position of the investmentgrade bonds in the citi corporate investment grade treasury ratehedged index. 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. Access 30 years of index time series data, and leverage our 30 years of benchmarking expertise. The yield book citi velocity sm bloomberg sbi sbbi. Distribution of the london stock exchange group companies index values and the use of their indexes to create financial products require a license with ftse, ftse tmx, mts andor. May 30, 2017 citi will remain a significant customer of the yield book and a long term partner. 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. The citi rafi world corporate investmentgrade bond index seeks to reflect exposure to global corporate investmentgrade securities denominated in aud, eur, gbp, jpy and usd. London stock exchange group lseg is pleased to announce that, following satisfaction of the closing conditions, lseg has today completed the acquisition of the yield book and citi fixed income indices from citigroup inc.
Introducing new names for the citi fixed income indices. Yield book relates to books about bond data which began publishing in the 1960s by wall street firm salomon brothers. The transaction includes citigroups fixedincome analytics platform, the yield book, and indexes including the world government bond index, the new yorkbased bank said tuesday. By weighting components by their fundamentals, the index aims to represent each issuers debt service capacity. Citi introduces three new fixed income indices business wire. May 30, 2017 london stock exchange group lseg has reached an agreement with citigroup inc. Assumes a switch into a similar bond price, yield, maturity assuming selling at midmarket and buying new security at offer side. The name has been changed from the salomon smith barney world government bond index, to the citigroup world government bond index and now the ftse world government bond index. Lseg to acquire the yield book and citi fixed income indices. Citi to sell fixedincome index unit to london stock exchange for. Bond index and the blackrock high yield defensive bond index the indices. These indices, designed to appeal to a wide range of market participants, are widely followed and broadly published. Cs next quarterly dividend payment will be made to shareholders of record on friday, may 22. Following london stock exchange groups acquisition from citigroup, the yield book and citi fixed income index is currently a part of lsegs ftse russell.
Lseg acquiring yield book and citi fixed income indices. Consolidated listing of yield book related news, updates, and announcements. Andre kasmara director at the yield book and fixed. Lseg to acquire citigroups yield book and citi fixed. Introducing the new yield book loan collateral analyzer. Citi s 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.
The streamlining of citi continues with sale of yield book. For eurozone markets, fixedrate bonds originally issued in. Citis fixed income indices are supported by the yield book, the trusted and authoritative source for fixed income analytics that enables market makers and institutional investors to perform complex and accurate portfolio analytics and risk management. The durationmatched short position in us treasury bonds is created to hedge the duration and yield curve exposure of the long position of the investmentgrade bonds in the citi corporate investment grade treasury ratehedged index. The investment objective of the indices is to offer riskadjusted returns that are expected to be superior to the investible universe for the respective usd denominated investment grade corporate bond and usd denominated high yield corporate bond markets. Citigroup said to explore sale of yield book bloomberg. 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. Whether you want cash back, great rewards, or a low intro rate, the choice is all yours. Citi the yield book fixed income analytics addin the yield book provides fixed income analytics using our premier proprietary models. The yield book citi velocity sm bloomberg sbi sbbi data and analytic vendors for more information, contact our global team at. Okan pekin, global head of investor services and dcc at citi. Fixedrate noncallable bonds unless otherwise stated in figure 3. May 30, 2017 the yield book s mortgage models, developed in collaboration with citi s mortgage quantitative analysis and research teams, are widely considered to be the industry standard. May 30, 2017 the transaction includes citis fixed income analytics platform, the yield book, and citi fixed income indices which include the world government bond index wgbi.
London stock exchange lse completed yield book and citi fixed income indices acquisition from citigroup. Lse bolsters ftse russell franchise with acquisition of. Aug 31, 2017 london stock exchange lse completed yield book and citi fixed income indices acquisition from citigroup. Salomon smith barney world government bond index wikipedia. Yield book was initiated in 1989 by salomon brothers. Introducing the citi russian government bond index the yield book. London stock exchange group plc lseg to acquire the yield. 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. About the yield book and citi fixed income indices. Then, on august 31, 2017 london stock exchange group lseg completed the acquisition of the yield book and citi fixed income indices businesses from. The index is based on the citi world government bond index wgbi 1 which measures. Yield book incthe company profile and news bloomberg markets. London stock exchange group lseg has reached an agreement with citigroup inc. A base of more than 350 institutional clients uses the acquired businesses to analyze fixed income instruments and securities.
The transaction includes citigroups fixedincome analytics platform, the yield book, and indexes including the world government bond index. Citi fixed income indices have been producing fixed income indices for more than 30 years. Lseg to acquire citigroups yield book and citi fixed income. London stock exchange group is pleased to announce that, following satisfaction of the closing conditions, lseg has today completed the acquisition of the yield book and citi fixed. Lse has agreed to acquire the fixed income analytics and index businesses of citi nyse. Compare their price, performance, expenses, and more. Announcement the yield book and citi fixed income acquisition. Citi launches a series of emerging markets government bond indices new yorkbusiness wire citi has added a suite of emerging markets indices to.
Please complete this form to access your copy of the yield book and citi fixed income postcompletion faq. Lseg completion of acquisition of the yield book and citi. Get the latest financial news from citi, the worldwide leader in consumer and corporate banking. Choose from a comprehensive range of global debt market indexes, widely used by the investment community. 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. Citi has launched two new indices to its family of market capitalizationweighted benchmarks, and one new index to its family of alternativelyweighte citi introduces three new fixed income indices.
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