S&P Launches 1-5 Year and Intermediate Term National AMT-Free Municipal Bond Indices

NEW YORK, July 19 /PRNewswire/ -- Standard & Poor's, the world's leading index provider, announced today that it has expanded its family of municipal bond indices with the launch of the S&P 1-5 Year National AMT-Free Municipal Bond Index and the S&P Intermediate Term National AMT-Free Municipal Bond Index.  

Index constituents for the S&P 1-5 Year National AMT-Free Municipal Bond Index and the S&P Intermediate Term National AMT-Free Municipal Bond Index are derived from Standard & Poor's/Investortools Municipal Bond Index. On a monthly basis, index constituents undergo a review and rebalancing in order to seek to ensure that the Index remains current, while avoiding excessive turnover. Index returns and other statistics are calculated daily.

The S&P 1-5 Year National AMT-Free Municipal Bond Index and the S&P Intermediate Term National AMT-Free Municipal Bond Index join a municipal bond index family that currently includes the following indices:

• S&P National AMT-Free Municipal Bond Index
• S&P Short Term National AMT-Free Municipal Bond Index
• S&P California AMT-Free Municipal Bond Index
• S&P New York AMT-Free Municipal Bond Index

For more information on these Indices, please visit: www.fixedincomeindices.standardandpoors.com.

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI®, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

SOURCE Standard & Poor's

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