The J.P. Morgan U.S. Tips Index, or JUSTINE, is a total return index that measures the performance of the TIPS market. The index contains U.S. government issued inflation-linked bonds, where bond payments are linked to the underlying CPI-U index. Corporate or quasi-government securities are not included. The return from holding the underlying bonds is inflation protected to provide investors with a real total return. In line with other J.P. Morgan Government indexes, coupons are reinvested into the index as soon as they are paid and the JUSTINE index is rebalanced on the first business day of the month.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 48 bonds and 3 indices, including: JPM US Tips Index; 1-10 Index, and 10+ Index.
Some of the data items currently available include:
- Accrued Interest, Convexity, Country, Country Iso Code, Coupon, Coupon Frequency, Currency, Date, Description, Index Alias, Index Component Weight, Inflation Coefficient, ISIN, Macaulay Duration, Market Value, Maturity Date, Maturity Sector, Modified Duration, Outstanding Face Value, Price, Total Return Index, Yield, etc.