S&P and ASX launch new multi-dealer price-based Australian bond indices

Standard & Poor's (S&P) and the Australian Securities Exchange (ASX) have launched a series of Australian bond indices, with the use of prices sourced from the multi-dealer platform, Yieldbroker, as a main selling point of the new product suite. S&P claims a wide range of market participants, including asset consultants, superannuation funds and funds managers, are supportive of the introduction.