TORONTO, Sept. 7 /CNW/ - TSX wholly owned subsidiary, PC-Bond(*), the
leading provider of Canadian fixed income benchmarks, analytics and
performance measurement, today welcomes Casgrain & Company Limited as an
additional pricing participant in the PC-Bond Canadian Fixed Income Indices.
Casgrain & Company Limited will contribute a broad 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, the Quebec Bond Index, as well as the recently launched
Universe + Maple Bond Index. Casgrain & Company Limited will also make
available fixed income research information and securities offering sheets to
select PC-Bond customers.
The addition of Casgrain's fixed income pricing, combined with existing
sources, will enhance the price discovery process and buy-side market
participants' ability to value securities.
"We are pleased to add the fixed income expertise and quality that
Casgrain brings to the PC-Bond and indices platform and we look forward to how
this will benefit the entire investment community," says Richard Nesbitt, TSX
"Our firm has always pushed for greater transparency, and a
multi-contributor platform is an important step towards this. Working with PC
Bond, we believe our clients will benefit from this initiative" says Guy
Casgrain, President, Casgrain & Company Limited.
With approximately 1,000 issues and a total market value of over
C$660 billion, the PC-Bond Universe Bond Index broadly represents the market
performance of investment-grade bonds issued by Canadian companies and issuers
in the government sector.
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 Group Inc.
For further information:
For further information: PC-Bond, (416) 862-5800 or email@example.com