TCX is happy to announce the launch of the TCX FI, an informative frontier currency bond index.
Ruurd Brouwer, TCX’s CEO:
“Frontier currency bonds offer a unique combination of investment-grade credit risk with the market risk and return of frontier market currencies. Through TCX, the bonds redistribute currency risk from enterprises and financial institutions in frontier markets that cannot bear it, to asset managers and pension funds in the West that seek the additional return that comes with the risk. The index is an important step in generating visibility and transparency in this high impact asset class”.
Find press release here