Bloomberg Barclays US Aggregate Bond Index

Corporate & Municipal CUSIP Request Volumes Climb for Second Straight Month

Retrieved on: 
Tuesday, April 13, 2021
Finance, Money, Financial markets, American Bankers Association, CUSIP, Market data, Municipal bond, Bloomberg Barclays US Aggregate Bond Index, Bond, Commercial paper

The monthly increase was driven largely by U.S. corporate equity identifier requests, which increased by 22.7%.

Key Points: 
  • The monthly increase was driven largely by U.S. corporate equity identifier requests, which increased by 22.7%.
  • On a year-over-year basis, corporate CUSIP requests were down 18.7%, reflecting a significant year-over-year decline in January of 2021.\nMonthly municipal volume also increased in March.
  • The aggregate total of all municipal securities including municipal bonds, long-term and short-term notes, and commercial paper rose 19.5% versus February totals.
  • On an annualized basis, municipal CUSIP identifier request volumes were up 10.0% through March.

CoreCivic Announces Upsizing and Pricing of $450 Million 8.25% Senior Notes Due 2026

Retrieved on: 
Wednesday, April 7, 2021
Finance, Actuarial science, Underwriting, Bloomberg Barclays US Aggregate Bond Index, Yield to maturity, Money

The aggregate principal amount of the Notes to be issued in the offering was increased to $450 million from the previously announced $400 million.

Key Points: 
  • The aggregate principal amount of the Notes to be issued in the offering was increased to $450 million from the previously announced $400 million.
  • The Notes were priced at 99.0% of face value and thus will have an effective yield to maturity of 8.50%.
  • The aggregate net proceeds from the sale of the Notes are expected to be approximately $435.1 million, after deducting the underwriting discounts and estimated offering expenses.
  • There can be no assurance that the offering of the Notes, the redemption of the 2022 Senior Notes, or any other debt reduction will be consummated.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Friday, March 19, 2021
Finance, Money, Investment management, Hedge fund, Investment, SS&C Technologies, Net asset value, Bloomberg Barclays US Aggregate Bond Index, Schutzstaffel

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.

Key Points: 
  • The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.
  • The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform.
  • While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV).

Bloomberg's BSBY Short-Term Credit Sensitive Index Now Available for U.S. Loan Market

Retrieved on: 
Monday, March 8, 2021
Bloomberg L.P., Finance, Service companies, Business organizations, Bloomberg Barclays US Aggregate Bond Index

NEW YORK, March 8, 2021 /PRNewswire/ -- Bloomberg today announced that the Bloomberg Short-Term Bank Yield Index (BSBY) is now available for use as a reference in financial benchmarks in the U.S. loan market.

Key Points: 
  • NEW YORK, March 8, 2021 /PRNewswire/ -- Bloomberg today announced that the Bloomberg Short-Term Bank Yield Index (BSBY) is now available for use as a reference in financial benchmarks in the U.S. loan market.
  • Bloomberg began publishing BSBY on an indicative basis for the purposes of illustration, analysis and collection of market feedback on October 15, 2020.
  • "Now that BSBY is available for use in the U.S. loan market, we will continue exploring the introduction of products that may use BSBY as a benchmark," said Steve Berkley, CEO of Bloomberg Index Services Limited (BISL).
  • The index is available for 5 tenors: overnight {BSBYON Index }, 1-month {BSBY1M Index }, 3-months {BSBY3M Index }, 6-months {BSBY6M Index } and 12-months {BSBY12M Index }.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Monday, February 22, 2021
Finance, Hedge fund, Money, SS&C Technologies, Investment, Schutzstaffel, Bloomberg Barclays US Aggregate Bond Index, Hedge fund replication

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.

Key Points: 
  • The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.
  • The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com .
  • The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Monday, January 25, 2021
Finance, Hedge fund, Money, SS&C Technologies, Investment, Schutzstaffel, Bloomberg Barclays US Aggregate Bond Index, Hedge fund replication

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.

Key Points: 
  • The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.
  • The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com .
  • The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform.

CUSIP Request Volume Surges in December, Driving Total 2020 Volumes for Corporate and Municipal Securities Above 2019 Totals

Retrieved on: 
Tuesday, January 19, 2021
Finance, Money, Financial markets, American Bankers Association, CUSIP, Market data, Debt, Bloomberg Barclays US Aggregate Bond Index, Security, Bond, Municipal bond

On a year-over-year basis, total CUSIP request volume for corporate and municipal securities surpassed those seen in 2019.

Key Points: 
  • On a year-over-year basis, total CUSIP request volume for corporate and municipal securities surpassed those seen in 2019.
  • CUSIP identifier requests for the broad category of U.S. and Canadian corporate equity and debt totaled 4,177 in December, up 6.4% from last month.
  • The December 2020 monthly volume increase was focused in U.S. corporate equity, which climbed 24.0% versus November 2020 totals.
  • The aggregate total of all municipal securities including municipal bonds, long-term and short-term notes, and commercial paper rose 12.6% versus November totals.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Monday, December 21, 2020
Finance, Hedge fund, Money, SS&C Technologies, Investment, Schutzstaffel, Bloomberg Barclays US Aggregate Bond Index, Hedge fund replication

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.

Key Points: 
  • The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.
  • The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com .
  • The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform.

First Trust Announces Expected Effective Date of First Trust Mega Cap AlphaDEX® Fund’s Reorganization into First Trust Dow 30 Equal Weight ETF

Retrieved on: 
Friday, December 11, 2020
Banking, Professional services, Finance, Finance, Financial markets, Money, Exchange-traded funds, Investment management, Stock market, Stock market index, Net asset value, Dow Jones Industrial Average, Bloomberg Barclays US Aggregate Bond Index, Inverse exchange-traded fund

The reorganization was approved by the Board of Trustees of each of FMK and EDOW on January 30, 2020.

Key Points: 
  • The reorganization was approved by the Board of Trustees of each of FMK and EDOW on January 30, 2020.
  • The shareholders of FMK will receive shares of EDOW with a value equal to the aggregate net asset value of the shares of FMK held by them.
  • EDOW is an index based ETF that seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Dow Jones Industrial Average Equal Weight Index.
  • FMK is an index based ETF that seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ AlphaDEX Mega Cap Index.

KBRA Assigns Preliminary Rating to PEAR 2020-1

Retrieved on: 
Tuesday, December 1, 2020
Banking, Professional services, Finance, Finance, Money, Credit risk, Nationally recognized statistical rating organization, Credit rating agency, KBRA, Bond credit rating, Bloomberg Barclays US Aggregate Bond Index

Kroll Bond Rating Agency (KBRA) assigns a preliminary rating to one class of notes from PEAR 2020-1, LLC, an $80 million litigation finance ABS transaction serviced by Golden Pear Funding OpCo, LLC (Golden Pear).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a preliminary rating to one class of notes from PEAR 2020-1, LLC, an $80 million litigation finance ABS transaction serviced by Golden Pear Funding OpCo, LLC (Golden Pear).
  • The ADPB is the aggregate discounted cash flows of the collections associated with the PEAR 2020-1, LLC portfolios litigation funding receivables.
  • KBRA is a full-service credit rating agency registered as an NRSRO with the U.S. Securities and Exchange Commission.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA).