Rimes Adds S&P 500 Bond Index to BDS

Officials say making the index available via Rimes' platform will provide users withmore decision support tools.

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The index tracks the debt of S&P 500 companies and can serve as a benchmark for exchange-traded funds and structured products, officials say.

"By having this index featured on the Rimes Benchmark Data Service, one of the most in-depth platforms for benchmarking and performance attributions tools, market participants will have another arrow in their quiver to make more informed fixed income investment decisions," says JR Rieger, head of fixed income at S&P Dow Jones Indices, in a statement.

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