American Stock Exchange Lists State Street Global Advisors' New SPDR Lehman International Treasury Bond ETF
05 Oktober 2007 - 4:15PM
PR Newswire (US)
First ETF to Track International Fixed-Income Sector NEW YORK, Oct.
5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today
announced that it has launched trading in the SPDR Lehman
International Treasury Bond exchange traded fund (AMEX:BWX) by
State Street Global Advisors (SSgA), the investment management arm
of State Street Corporation. This is the first ETF to track the
international fixed-income sector and it brings the total number of
ETF listings on the Amex to 345. "The Amex and State Street Global
Advisors have enjoyed a longstanding partnership, and the launch of
the SPDR Lehman International Treasury Bond ETF is another proud
accomplishment for both our organizations," said Scott Ebner,
Senior Vice President of the Amex ETF Marketplace. "We are pleased
to be supporting SSgA as they continue to expand their family of
fixed-income ETFs and provide investors with new opportunities to
diversify their investment portfolios." BWX seeks to replicate as
closely as possible, before fees and expenses, the price and yield
performance of its benchmark index, the Lehman Brothers Global
Treasury Ex-U.S. Capped Index. The Index tracks fixed-rate local
currency sovereign debt of investment-grade countries outside the
U.S. As of August 31, 2007, there were 674 issues from 18 countries
denominated in 11 currencies included in the Index. The Fund will
normally invest at least 80% of its total assets in fixed-income
securities that comprise its benchmark Index. The specialist for
BWX is Susquehanna Investment Group. About the American Stock
Exchange The American Stock Exchange(R) (Amex(R)) offers trading
across a full range of equities, options and exchange traded funds
(ETFs), including structured products and HOLDRS(SM). In addition
to its role as a national equities market, the Amex is the pioneer
of the ETF, responsible for bringing the first domestic product to
market in 1993. Leading the industry in ETF listings, the Amex
lists 345 ETFs to date. The Amex is also one of the largest options
exchanges in the U.S., trading options on broad-based and sector
indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com/. DATASOURCE: The
American Stock Exchange CONTACT: Mary Chung of American Stock
Exchange, +1-212-306-1641, Web site: http://www.amex.com/
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