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How Have Tradable-Bond Indexes Helped Investors Position in the Credit Market?
Oct 25, 2023
Tradable-corporate-bond indexes are constructed with their constituents’ relative liquidity in mind. Investors may look to ETFs tracking tradable-bond indexes to replicate the underlying market-risk profile while benefiting from the higher liquidity of the underlying basket in the primary and secondary markets. Investors may also use derivatives linked to tradable-bond indexes as they seek to address some of the shortfalls of current credit-hedging instruments.
MSCI MarketAxess indexes of tradable corporate bonds 
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Research authors
- Afsaneh Mastouri, Executive Director, MSCI Research
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