Dax index launched

credit tech

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Deutsche Börse this month launched RDAX, a new corporate bond index and the first to track the performance of bonds issued by Dax companies. Only euro-denominated corporate bonds issued by the Dax companies with an investment-grade rating (triple-B minus or better) will be included in the index. Additionally, bonds must have an outstanding issuing volume of at least €500 million and a minimum time to maturity of one year.

For Jochen Felsenheimer, head of credit strategy at HVB in

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