The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 274 bps as of the end of July 2020, up 5 basis points from the previous month, driven by a decrease in long-term interest rates.
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 274 bps as of the end of July 2020, up 5 basis points from the previous month, driven by a decrease in long-term interest rates.