Barclays Launches Inflation-Linked Emerging Market Debt Indexes

Barclays Capital, the investment banking division of Barclays Bank PLC, announced the launch of a family of local currency Emerging Market Government Inflation-Linked Bond (EMGILB) benchmark indexes.

According to the announcement, this is the first time a full family of indexes has been available to asset managers and institutional investors looking for a representative benchmark for government inflation-linked debt within developing nations. The indexes were created by the Barclays Capital Index Products Group and approved by the independent Barclays Capital Inflation-linked Index Committee.

Individual indexes track the performance of inflation-linked bonds issued by the sovereign governments of Argentina, Brazil, Chile, Colombia, Mexico, Poland, South Korea, and Turkey. These indexes (along with the pre-existing Barclays/BESA South African Inflation-Linked Bond Index) are then used to create indexes tracking debt within Latin America, Asia, Eastern Europe, Middle East, and Africa (EEMEA), the announcement said. All of these component indexes then roll up to form the Emerging Market Government Inflation-Linked Bond benchmark index.

Barclays Capital will also make customized indexes available and provide support and analytics for these indexes via Web based and other e-commerce protocols. The indexes are calculated daily and use standard settlements and market calendars most appropriate for international investors.

Complete index rules are available in Barclays Capital’s new Inflation-linked Emerging Markets Index Guide.

More information can be found at