TORONTO, March 9 /CNW/ - PC-Bond(*), the leading provider of Canadian fixed
income benchmarks, analytics and performance measurement, today welcomes TD
Securities Inc. as the first participant in the PC-Bond Canadian Fixed Income
Index family to be added after Scotia Capital Inc.
TD Securities will contribute a wide range of fixed income securities
pricing to PC-Bond for inclusion into PC-Bond products such as the Universe
Bond Index, Canada's leading fixed income index used by 95% of buy-side
participants and the recently launched Universe + Maple Bond Index. TD
Securities will also make available fixed income research information and
securities offering sheets to select PC-Bond customers.
The addition of TD Securities' fixed income pricing, combined with
existing sources, will enhance the price discovery process and buy-side market
participants' ability to value securities.
"We are excited with the fixed income expertise and quality that TD
brings to the PC-Bond and indices platform and we look forward to how this
will benefit the entire investment community," says John McLean, Director
"This will give us an even greater opportunity to work closer with our
clients," says Luc Fortin, Managing Director, TD Securities. "Our clients have
been asking for a multi-contributor platform and, working with PC-Bond, we
have been able to deliver a value-added solution."
Numbering 1,000 issues with a total market value of over C$665 billion,
the PC-Bond Universe Bond Index broadly represents the market performance of
investment-grade bonds issued by Canadian companies and issuers in the
All indices summary data and methodology can be found on the PC-Bond(*) web
site, at: www.canadianbondindices.com.
(*)PC-Bond is registered to 2099242 Ontario Inc., a subsidiary of TSX
For further information:
For further information: PC-Bond, (416) 862-5800, or email@example.com