18 November 2003 Media Release

Yieldbroker data available through Reuters

Yieldbroker today announced that its high quality live intra day and end of day indicative pricing for Australian and New Zealand debt products would now be available through Reuters services, including Reuters 3000Xtra.

The data sets cover Australian government, semi-government and corporate fixed income products, as well as New Zealand government debt. In all, over 250 securities are priced. The prices are a clean average of the individual contributions from Yieldbroker’s participating market makers: ABN AMRO, Citigroup, Deutsche Bank and Macquarie Bank.

Yieldbroker General Manager, Rachael Rogers, said the deal with Reuters offered Yieldbroker an alternative distribution for data, including the ability to reach clients who did not necessarily want to trade.

‘Our rigorous live monitoring and strong relationships with our contributors ensure a consistently high quality which is unique in this market. The benefit to price and market transparency, particularly for less liquid securities, is obvious. The open system of Reuters also offers clients the ability to integrate the data into their systems and spreadsheets,’ Ms Rogers said.

Diccon Close, Managing Director, Reuters Australia said the acquisition of Yieldbroker indicative price data illustrates Reuters ongoing commitment to the local fixed income market and ensures that Reuters customers have access to the highest quality content available through any information source.

‘Yieldbroker data combined with the capability of 3000Xtra makes Reuters the logical choice for anyone with an interest in the local debt markets,’he said.


For more information please contact:

Rachael Rogers/Tim Meachin
Yieldbroker
P: 1800 220 550
E:

David Stewart/Alan Shapiro
Reuters Australia
P: 0407 243647 / 0414 504445
E:david.stewart@reuters.com
alan.shapiro@reuters.com

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