Barclays announced plans to launch a US Treasury Floating Rate Index. The US Treasury Floating Rate Index is intended to be a standalone index which will measure the performance of a new Treasury security type with coupons that reset in between quarterly payment dates. Inception of this index is scheduled to be 1 February 2014, although statistics are expected to be available when the first USD 15 billion two-year note is issued under this programme in late January 2014.

The new index will be available on Barclays Live and will be fully supported on the Barclays POINT portfolio analytics platform as well as being available through other distribution platforms which offer Barclays indices.