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Article: NASD, Bloomberg Launch Revolutionary Corporate Bond Indices.
- Article from:
- PR Newswire
- Article date:
- October 17, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Investment Grade, High Yield Market Benchmarks to Aid Retail Investors; First Indices Generated From Actual Transaction Data for Active Bonds
WASHINGTON, Oct. 17 /PRNewswire/ -- As part of its effort to demystify the corporate bond market and make it truly accessible to retail investors, NASD announced today that NASD and Bloomberg are jointly launching two unique, unprecedented corporate bond indices -- powerful tools that investors can use on a daily basis to gauge overall market direction and to measure the performance of their corporate bond holdings against the broader market.
The NASD-Bloomberg Active Investment Grade US Corporate Bond Index and ...