NEW YORK, May 30 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) announced today that it has launched trading in five new fixed income exchange traded funds (ETFs) by State Street Global Advisors (State Street).
"Amex and State Street share a longtime collaborative commitment to bringing innovative investment vehicles to the marketplace," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "We are pleased to have been chosen to list these SPDRs which are designed to provide investors with opportunities in the U.S. treasury and aggregate bond markets."
The new ETFs are:
SPDR(R) Lehman 1-3 Month T-Bill ETF (Symbol: BIL)
BIL seeks to track the Lehman Brothers 1-3 Month U.S. Treasury Bill Index. The Index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months.
SPDR(R) Lehman Intermediate Term Treasury ETF (Symbol: ITE)
ITE seeks to track the total return performance of the Lehman Brothers Intermediate U.S. Treasury Index. The Index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 year and less than 10 years.
SPDR(R) Lehman Long Term Treasury ETF (Symbol: TLO)
TLO seeks to track the total return performance of the Lehman Brothers Long U.S. Treasury Index. The Index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of 10 or more years.
SPDR(R) Barclays Capital TIPS ETF (Symbol: IPE)
IPE seeks to track the total return performance of the Barclays U.S. Government Inflation-linked Bond Index. The Index measures the performance of the inflation protected public obligations of the U.S. Treasury. Inflation protected public obligations of the U.S. Treasury (TIPS) are securities issued by the U.S. Treasury and are designed to provide inflation protection to investors.
SPDR(R) Lehman Aggregate Bond ETF (Symbol: LAG)
LAG seeks to track the total return performance of the Lehman Brothers U.S. Aggregate Index. The Index represents the securities of the U.S. dollar denominated investment grade bond market.
Kellogg Capital Group, LLC is the specialist for ITE, TLO and IPE. Goldman Sachs Execution & Clearing, LP is the specialist for BIL. Susquehanna Investment Group is the specialist for LAG and will also trade options on BIL, ITE, TLO and IPE.
About The American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 314 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/.
American Stock Exchange
CONTACT: Bari Trontz, of American Stock Exchange, +1-212-306-8964,
bari.trontz@amex.com
Web site: http://www.amex.com/
