S&P DJI launches suite of worldwide infrastructure bond indexes

By Wendy Van Sickle

Columbus, Ohio, July 30 – S&P Dow Jones Indices LLC launched of a suite of global infrastructure bond indexes to measure corporate and municipal debt and preferred stock issued by infrastructure companies throughout the world, according to a Wednesday press release.

The new indexes track the fixed income component of S&P DJI’s family of listed infrastructure equity benchmarks, including the Dow Jones Brookfield Global Infrastructure Index, providing “a holistic perspective of the infrastructure asset class,” according to the release.

Alex Matturri, chief executive officer of S&P Dow Jones Indices, said in the release that the launch “places us one step closer to our stated goal as being the only major index provider to offer an extensive lineup of fixed income indices across all bond types throughout the world.”

The indexes will be:

• The Dow Jones Brookfield Global Infrastructure Broad Market Corporate Bond Index;

• The S&P U.S. Preferred Infrastructure Stock Index;

• The S&P Municipal Bond Infrastructure Index made up of revenue bonds, excluding those that are pre-refunded/escrowed to maturity; and

• The S&P Taxable Municipal Revenue Bond Infrastructure Index.

New York-based S&P Dow Jones Indices is a part of McGraw Hill Financial and provides index-based concepts, data and research.

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