The contracts, based on the Bloomberg AusBond Composite and Credit indices, help institutional investors manage fixed income exposure without trading large numbers of individual bonds.

Australian Securities Exchange (ASX) said it launched Australia’s first exchange-traded Bond and Credit Index Futures in collaboration with Bloomberg Indices, providing institutional investors with an exchange-traded mechanism to access and manage exposure to Australian fixed income markets. The launch followed engagement with market participants amid growing global demand for fixed income index futures  The contracts are linked to the Bloomberg AusBond Composite Index (BACM0) and