Research

Tradeable Index Strategies: Fixed Income

GBI Global

The GBI Global index is J.P. Morgan's flagship index for fixed rate government debt. The index measures the total return from investing in 13 developed government bond markets - Australia, Belgium, Canada, Denmark, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, UK, and US. The GBI Global is part of the GBI family of government debt indices. The EMU Government bond index measures the total return from investing in fixed rate debt issued by the EMU member governments.

The GBI indices are market capitalization weighted and bonds enter and leave the indices at the monthly rebalance. There are no size criteria for inclusion, but bonds must have a minimum remaining maturity of one year. Index returns are available hedged or unhedged in a variety of currencies. Daily index returns for the GBI Global hedged in USD are available back to March 31, 1993.

For more information on the GBI Global and EMU indices , please see our Index pages on MorganMarkets or contact your J.P. Morgan representative.


Index Strategies
Index Name Index Level Daily Ret(%) Mthly Ret Ann Ret Level Date
GBI Global Unhedged Euro 411.93 0.08 2.54 17.96 20090703
GBI Global Unhedged US 436.79 0.40 2.83 20.02 20080331
GBI Global Hedged Euro 273.12 0.05 1.86 8.36 20090703
GBI Global Hedged US 283.17 0.05 1.82 7.72 20090703
EMU Bond Index 257.61 -0.02 2.46 11.06 20090703
JA: Japan Traded 238.06 0.16 1.01 4.19 20090703
EMU Govt EUR 257.61 -0.02 2.46 11.06 20090703
Charts
Chart

Note: The data above may not be the latest available and should be used for information purposes only.

 
 

Copyright © 2009 JPMorgan Chase & Co. All rights reserved.