You have to validate the disclaimer to access this website.

Main characteristics

Bloomberg Code SGIXDSJB
Inception Date 02/09/2013
Return Type Total Return
Currency JPY
CALCULATED_BY S&P Dow Jones

Objective

The SGI Double Short 10Y JGB Index aims to reflect an inverse exposure leveraged to a multiple of 2 (positive or negative) to the daily performance of the JGB Long Term Bond Market while avoiding the costs linked to the use of cash instruments.

Mechanism

Unlike standard bond indices, the SGI Double Short 10Y JGB Index seeks to replicate the exposure to bonds through derivative instruments. The SGI Double Short 10Y JGB Index includes a short position in a series of TSE 10Y JGB Futures Contracts, leveraged by a multiplication factor of 200% and a long position in a daily overnight investment at spot/next JPY Libor Rate.


Login to add this product to your favorites