BM&FBOVESPA (BVMF) and S&P Dow Jones Indices (S&P DJI) have announced today the launch of the S&P/BM&F Inflation-Linked NTN-B Index, which tracks the most liquid inflation linked bonds (NTN-Bs) issued by the National Treasury in Brazil. The index is the first of its kind that uses liquidity criteria to select and weight securities while also considering trading volume and market value.
“Within the current market environment, investors are seeing inflation protection as a critical component of their portfolio,” says Jaime Merino, Director of Fixed Income at S&P Dow Jones Indices. "This index provides market participants with a transparent and investable benchmark for measuring the performance of these securities.”
“The S&P/BM&F Inflation-Linked NTN-B Index is a solid option for managers to create products based on the new index, especially Fixed Income ETFs,” said BM&FBOVESPA’s Managing Director Products and Services Engineering, André Demarco.