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Main characteristics

Bloomberg Code SGIXDLBT
Inception Date 04/03/2011
Return Type Total Return
Currency EUR
CALCULATED_BY S&P Dow Jones

Objective

The SGI Daily Leveraged BTP index aims to reflect a leveraged exposure with a multiple of 2 (positive or negative) to the daily performance of the Italian Long Term Bond Market while avoiding the costs linked to the use of cash instruments.

Mechanism

Unlike standard bond indices, the SGI Daily Leveraged BTP seeks to replicate the exposure to bonds through derivative instruments The SGI Daily Leveraged BTP index includes a long position in a series of EUREX BTP Futures Contracts, leveraged by a multiplication factor of 200% and a long position in a daily overnight investment at EONIA rate.


The SGI Daily Leveraged BTP (EUR - TR) (The “Index”) is the property of SG, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to maintain and calculate the Index. S&P® is a registered trademarks of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices Custom” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been sublicensed for certain purposes by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates shall be liable for any errors or omissions in calculating the Index.
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