London, August 23, 2005 â Supporting the industryâs drive toward more transparent and automated fixed income markets, Standard & Poorâs, a leading provider of independent investment research, ratings, and indices, today launched delivery of its municipal bond pricing, Municipal Benchmark Yield Curves and Municipal Total Return Index on the BLOOMBERG PROFESSIONALÂ® service. This combined capability allows Standard & Poorâs to meet the increased demand on the part of investors and regulators for more timely and comprehensive bond data, using Bloombergâs familiar and widely deployed platform. Bloomberg has more than 250,000 users worldwide.
"Bloomberg is a trusted delivery platform and the integration of Standard & Poor's municipal data with Bloomberg analytical capabilities provides a valuable set of tools for clients to participate in the marketplace with confidence," said J. R. Rieger, Vice President, Global Evaluations of Standard & Poorâs.
The Standard & Poor's / Investortools Municipal Total Return Index enables users to monitor how municipal bonds in general sectors and subsectors of that market are performing relative to comparable investments or sectors. Standard & Poorâs Municipal Bond Pricing provides clients with an independent view of the market value of their tax exempt and taxable municipal investments and securities that do not frequently trade.
"With this development, Bloomberg offers our customers the option of receiving S&Pâs evaluations service, yield curve data, and total return indices," according to Leslie Van Orsdel of Bloomberg. "This information, combined with Bloomberg's strong analytics, news and data, is a powerful tool for Bloomberg users in the municipal bond area."