Deutsche Bank announced today the launch of the DB Core US CPI Index (Bloomberg ticker: DBLNCPI, Reuters RIC: DBLNCPI), the first tradable index that tracks core inflation.
The DB Core US CPI Index, tradable on an over-the-counter basis, is designed to track the Core Consumer Price Index (CPI). The Core CPI, a widely used measure of inflation, excludes the most volatile components of overall CPI, thus demonstrating a more accurate measure of the overall trend in consumer prices. The DB Core CPI Index is transparent, rules-based and enables clients to obtain protection from inflation while reducing volatility risk.
Deutsche Bank is actively quoting over-the-counter swaps that pay the return on the DB Core US CPI index versus fixed rates. As of August 31, two-year inflation swap prices on the DB Core US Inflation Index are implying 1.5% annualized inflation over the next two years.
“The DB Core US CPI Index reflects Deutsche Bank’s continued innovation and commitment to expand the tools available to our clients,” said Aram Flores, Head of Index Research for the Americas. “We expect this index to be a significant barometer for the industry and a more accurate measure than other tradable inflation strategies.”“We are seeing interest from clients for a variety of reasons that include obtaining exposure to a more stable measure of inflation, greater diversification from other assets classes, and using the DB Core US CPI Index as a better proxy hedge for more specific inflation exposures than they may have,” said Allan Levin, Head of Inflation Trading for North America. The DB Core US CPI Index represents the latest addition to the DBIQ Index family of benchmark indices. The DBIQ Index family includes indices covering the global fixed income, FX, equities and commodities asset classes. Full details of the DB Core US CPI Index can be found at http://index.db.com/ About Deutsche Bank
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV