Index roundup: Solactive enters Apac market with Aussie bank rate index

Solactive has launched the Solactive Australian Bank Senior Floating Rate Bond Index, aimed to be tracked by the BetaShares Australian Bank Senior Floating Rate Bond ETF (ASX: QPON), the first foray from the index provider in the Asia-Pacific region. The index targets the largest and most liquid floating rate AUD denominated debt securities issued by selected Australian banks. The index is composed in such a way that at least 80% of the assets are tracking floating rate bonds issued by the four