Yield Curve Solutions plans to launch the YCS Fixed Income Securities Lending Index. The index will aim to be a benchmark for firms in Canada to measure securities lending results. Yield Curve, which has launched a securities lending agency business for Canadian institutions, aims to deliver securities lending, repo trading and collateral management results to pension funds and fund managers.
As an agency lender, Yield Curve combines the benefits of an in-house securities lending programme with the ease of operation and low overhead of a custodian-run option.