TITLE

CBOT OKs Changes to Index For Muni Futures Contracts

AUTHOR(S)
Hume, Lynn
PUB. DATE
February 2001
SOURCE
Bond Buyer;02/23/2001, Vol. 335 Issue 31083, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the approval of the Chicago Board of Trade to the proposed revision of the index on municipal futures contract in Washington. Aim to make the contract more attractive as a hedging tool in the municipal market; Link of the contract to the Bond Buyer Municipal Bond Index; Allegations of industry experts on the manipulation of the index by some market participants.
ACCESSION #
4167848

 

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