On 1 July 2014, the Luxembourg Stock Exchange will release thirty-two new indices for average bond yields. Each of the thirty-two indices is composed of a maximum of fifteen fixed rate straight bonds that are listed on the Luxembourg Stock Exchange and rated AAA-BBB. They cover the three main market sectors: Corporate, Financial and SSA (sovereign, supranational and agency). The yields are quoted in the two most important currencies: EUR and USD, and there is one each for Chinese renminbi (CNY) and Russian rubles (RUB).
There are five groupings for maturities, ranging from one-to-three years to more than ten years. In launching these average yields, the Luxembourg Stock Exchange intends to provide a more accurate reflection of its bond market, as well as to further...
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