Ziegler launches Senior Living Municipal Long Bond Index
Ziegler has launched the Senior Living Municipal Long Bond Index, the specialty investment bank announced Thursday.
“Market participants need to know at a glance how this narrow sector of the municipal bond market is doing on a total return basis,” said Ed Merrigan, managing director, Ziegler Research. “It will also provide greater transparency to these types of securities.”
The ZSLMLBI, according to Ziegler, is the first municipal bond market indicator devoted exclusively to naturally rated, long maturity municipal bonds in the sector. It is designed to help market participants understand and measure total returns when investing in the sector.
“As this Index grows in market acceptance, we believe it will help investors make more informed investment decisions, act as a benchmark tool for the industry and attract greater investor participation in the senior living sector,” Merrigan said.
For more information, visit www.ziegler.com/ZSLMLBI/.