You have to validate the disclaimer to access this website.

SGI Double Short 10Y US Treasury Note Index

Index level: Index level is not available

Main characteristics

Bloomberg Code SGIXDSTY
Inception Date 01/05/2013
Return Type Total Return
Currency USD
CALCULATED_BY S&P Dow Jones

Objective

The SGI Double Short 10Y US Treasury Note Index aims to reflect an inverse exposure leveraged to a multiple of 2 (positive or negative) to the daily performance of the US 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 US Treasury Note Index seeks to replicate the exposure to bonds through derivative instruments The SGI Double Short 10Y US Treasury Note Index includes a short position in a series of CBOT 10Y US Futures Contracts, leveraged by a multiplication factor of 200% and a long position in a daily overnight investment at Federal Funds Effective Rate.


Login to add this product to your favorites