<h1>Morningstar unveils gov't-backed bond index</h1>

The genesis of the index is the Temporary Liquidity Guaranty Program created by the Federal Deposit Insurance Corp., which allows bank holding companies to issue senior unsecured debt guaranteed by the U.S. government.
JAN 27, 2009
Morningstar Inc. of Chicago today announced the launch of a government-guaranteed corporate bond index. The genesis of the index is the Temporary Liquidity Guaranty Program created by the Federal Deposit Insurance Corp., which allows bank holding companies to issue senior unsecured debt guaranteed by the U.S. government. As of last week, more than $120 billion in guaranteed corporate bonds had been issued, according to Morningstar. The new index is composed of 23 TLGP bond issues and others may be added later. Bonds issued under the program must come to market by June 30, with interest and principal scheduled for payment before June 30, 2012, according to Morningstar.

Latest News

Regulation lags rising private credit risks as retail access widens
Regulation lags rising private credit risks as retail access widens

New CFA Institute research calls for tougher valuation rules and suitability standards as private credit funds court wealth management clients.

LPL Financial, Raymond James land advisors managing $470M
LPL Financial, Raymond James land advisors managing $470M

Michigan father-son team with nearly 50 years of combined experience joins LPL, while a New Jersey advisor moves from Ameriprise to RJFS.

Wealth transfer timing: why waiting is the costliest mistake families make
Wealth transfer timing: why waiting is the costliest mistake families make

UBS expert Sarah Salomon says stewardship is built over time, not handed over in a will.

US fintech investment tops $80bn in H1 2026, driven by mega-deals
US fintech investment tops $80bn in H1 2026, driven by mega-deals

KPMG's Pulse of Fintech report finds American dealmaking dominated global totals, with AI and payments consolidation reshaping where capital flows.

Advisor says retirement plan defaults still target an average
Advisor says retirement plan defaults still target an average

ERISA Investment Fiduciary Philip Chao says most retirement plans use target date funds as a one-size-fits-all default that ignores individual circumstances

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income