TORONTO, Sept. 24 /CNW/ - TSX wholly owned subsidiary, PC-Bond(*), the
leading provider of Canadian fixed income benchmarks, analytics and
performance measurement, today welcomes HSBC Securities (Canada) Inc. as an
additional pricing participant in the PC-Bond Canadian Fixed Income Indices.
HSBC Securities (Canada) Inc. 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, and the recently launched Universe + Maple Bond Index.
The addition of HSBC Securities (Canada) Inc. 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 HSBC
Securities (Canada) Inc. 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 Group CEO.
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
For further information:
For further information: PC-Bond, (416) 862-5800 or firstname.lastname@example.org