Sep 02 2015
    Convertibles Announcement - Conversion Ratio change

    Markit iBoxx Liquid USD Convertible index Series, Corporate Action Announcement

    Series Bond CUSIP Bond ISIN Equity ISIN Name Effective Date Announcement Current CR New CR
    S9 51290BB8 US151290BB89 US1512908898 Cemex SAB de CV 9/3/2015 Conversion Ratio Change 99.687 107.8211
    S9 151290BC6 US151290BC62 US1512908898 Cemex SAB de CV 9/3/2015 Conversion Ratio Change 99.687 107.8211
    S9 46612JAF8 US46612JAF84 US9255501051 JDS UNIPHASE CORP 9/3/2015 Conversion Ratio Change 53.107 88.6209
    S9 85571BAA3 US85571BAA35 US85571B1052 Starwood Prop 9/3/2015 Conversion Ratio Change 44.175 45.6167
    S9 85571BAB1 US85571BAB18 US85571B1052 Starwood Prop 9/3/2015 Conversion Ratio Change 47.109 48.4451
    S9 471109AH1 US471109AH12 US4711091086 Jarden Corp 9/3/2015 Conversion Ratio Change 21.173 31.7591
    S10 531229AB8 US531229AB89 US5312291025 Liberty Media Corporation 9/3/2015 Conversion Ratio Change 5.5882 21.0859
    S10 51290BB8 US151290BB89 US1512908898 Cemex SAB de CV 9/3/2015 Conversion Ratio Change 99.687 107.8211
    S10 151290BC6 US151290BC62 US1512908898 Cemex SAB de CV 9/3/2015 Conversion Ratio Change 99.687 107.8211
    S10 46612JAF8 US46612JAF84 US9255501051 JDS UNIPHASE CORP 9/3/2015 Conversion Ratio Change 53.107 88.6209
    S10 85571BAA3 US85571BAA35 US85571B1052 Starwood Prop 9/3/2015 Conversion Ratio Change 44.175 45.6167
    S10 471109AH1 US471109AH12 US4711091086 Jarden Corp 9/3/2015 Conversion Ratio Change 21.173 31.7591
    S11 151290BC6 US151290BC62 US1512908898 Cemex SAB de CV 9/3/2015 Conversion Ratio Change 99.687 107.8211
    S11 46612JAF8 US46612JAF84 US9255501051 JDS UNIPHASE CORP 9/3/2015 Conversion Ratio Change 53.107 88.6209
    S11 85571BAA3 US85571BAA35 US85571B1052 Starwood Prop 9/3/2015 Conversion Ratio Change 35.539 45.6167
    S11 471109AH1 US471109AH12 US4711091086 Jarden Corp 9/3/2015 Conversion Ratio Change 21.173 31.7591
    S11 471109AM0 US471109AM07 US4711091086 Jarden Corporation 9/3/2015 Conversion Ratio Change 13.358 20.0375
    S11 92763WAA1 US92763WAA18 US92763W1036 Vipshop Holdings Limited 9/3/2015 Conversion Ratio Change 4.9693 49.693
    S11 EJ5320514 USG81075AE63 BMG810751062 Ship Finance International Limited 9/3/2015 Conversion Ratio Change 50.047 56.4835
    S12 46612JAF8 US46612JAF84 US9255501051 JDS UNIPHASE CORP 9/3/2015 Conversion Ratio Change 53.107 88.6209
    S12 EJ5320514 USG81075AE63 BMG810751062 Ship Finance International Limited 9/3/2015 Conversion Ratio Change 55.08 56.4835

    Sep 02 2015
    Introduction of Markit iBoxx $ Singapore Covered index to iBoxx USD files

    Please note that effective September 2, 2015, the Markit iBoxx $ Singapore Covered index will be added to the following Markit iBoxx USD Indices & Xref files with levels starting from August 31, 2015:

    iboxx_usd_eod_indices_yyyymmdd.csv in folder IBOXX_USD/USD_EOD_INDICES
    iboxx_usd_eom_xref_yyyymm.csv in folder IBOXX_USD/USD_EOM_XREF
    iboxx_usd_eom_xref_yyyymm.csv in folder IBOXX_USD/USD_EOM_XREF/Overall

    For additional information please contact iBoxx@markit.com

    Aug 31 2015
    Updated List of Private Placements

    Markit has identified additional Private Placement issues. The relevant bonds have been added to the attached lists.

    Aug 25 2015
    August 2015 rebalancing of Markit iBoxx GBP indices

    The rebalancing and publication of the final membership with closing prices and analytics for the GBP indices will take place on 31 August 2015. This will take place regardless of the fact that it falls on the summer bank holiday in the United Kingdom. Daily indices and underlyings files for iBoxx GBP indices will be published on 31 August 2015 as well, with prices rolled forward from 30 August 2015.


    If you have any questions, please contact iBoxx@markit.com

    Aug 25 2015
    Index Roll Timeline Published

    The index roll timeline for the Markit MCDX index is available below:

    Aug 19 2015
    Updated Rules Published for the Markit CDX HY Index

    Updated rules have been finalized and published for the Markit CDX HY Index. These rules will be in effect for the upcoming index roll in September 2015.

    Aug 17 2015
    Restatement of Markit iBoxx USD Liquid IG indices

    Due to price changes for the bond, US816851AP42, the following daily indices and underlyings files have been republished:

    iBoxx USD Liquid IG indices:
    iboxx_usd_lq_ig_eod_underlyings_20150817.csv
    iboxx_usd_lq_ig_mid_underlyings_20150817.csv
    iboxx_usd_lq_ig_eod_prices_20150817.csv
    iboxx_usd_lq_ig_eod_indices_20150817.csv
    iboxx_usd_lq_ig_mid_eod_indices_20150817.csv

    The newly published files are now available on our FTP server.

    For more information, please contact us at iBoxx@markit.com.

    Aug 13 2015
    Restatement of Markit iBoxx USD Benchmark indices

    Due to price changes for the bond, USF0609NAP36, the following daily indices and underlyings files have been republished:

    iBoxx USD Benchmark indices:
    iboxx_usd_eod_indices_20150812.csv
    iboxx_usd_eod_underlyings_20150812.csv


    The newly published files are now available on our FTP server.

    For more information, please contact us at iBoxx@markit.com.

    Aug 11 2015
    Restatement of Markit iBoxx ABF Net of Tax indices and sub-indices

    The Markit iBoxx ABF Net of Tax indices have been restated from August 3rd 2015 to August 10th 2015. The indices have been updated to accurately include the performance of five bonds in the net of tax index calculations.

    The below files have been republished:

    /iboxx_abf/
    iboxx_abf_eod_indices_20150803.csv
    iboxx_abf_eod_indices_20150804.csv
    iboxx_abf_eod_indices_20150805.csv
    iboxx_abf_eod_indices_20150806.csv
    iboxx_abf_eod_indices_20150807.csv
    iboxx_abf_eod_indices_20150810.csv

    The newly published files are now available on our FTP server.

    For more information, please contact us at iBoxx@markit.com.

    Aug 10 2015
    Updated List of Retail Bonds

    Markit has identified additional Retail issues. The relevant bonds have been added to the attached list.

    Aug 10 2015
    Restatement of Markit iBoxx EUR High Yield rating sub-indices

    Indices

    Restatement of Markit iBoxx EUR High Yield rating sub-indices

    August 10th 2015

    Due to adjusted Markit iBoxx Ratings for several securities, the following sub-indices have been restated:
    ISIN Cpi ISIN Tri Code Cpi Code Tri Name CPI Old TRI Old CPI New TRI New
    GB00B1KXH718 GB00B1CQV983 IEHYKXH7 IEHNCQV9 iBoxx EUR High Yield core cum crossover LC BB 122.5736 270.7461 122.5648 270.73
    GB00B1KYSB59 GB00B1CR1X51 IEHYKYSB IEHZCR1X iBoxx EUR High Yield core ex crossover LC BB 119.8703 271.4279 119.8563 271.4012
    GB00B1KYS937 GB00B1CR2430 IEHYKYS9 IEHZCR24 iBoxx EUR High Yield core ex crossover LC B 104.1602 293.0053 104.084 292.803
    GB00B1KXH593 GB00B1CQVJ80 IEHYKXH5 IEHNCQVJ iBoxx EUR High Yield core cum crossover LC B 105.2463 294.8278 105.1637 294.6086
    GB00B1KXH825 GB00B1CQVR64 IEHYKXH8 IEHNCQVR iBoxx EUR High Yield core cum crossover LC CCC 94.75323 360.2257 94.36003 358.7785
    GB00B1KYSC66 GB00B1CR2C14 IEHYKYSC IEHZCR2C iBoxx EUR High Yield core ex crossover LC CCC 95.33992 363.2606 94.94429 361.8012

    Consequently, the August monthly components and XREF files, as well as the daily indices and underlyings files from August 3rd 2015 to August 7th 2015, have been restated for the Markit iBoxx EUR High Yield index. The sector rating sub-indices of the indices listed above have also been affected.

    The below files have been republished:
    \IBOXX_EUR_HY\EUR_HY_EOM_COMPONENTS
    iboxx_eur_hy_eom_components_cumcrossover_201508.csv
    iboxx_eur_hy_eom_components_excrossover_201508.csv

    \IBOXX_EUR_HY\EUR_HY_EOM_XREF
    iboxx_eur_hy_eom_xref_201508.csv

    \IBOXX_EUR_HY\EUR_HY_EOD_INDICES
    iboxx_eur_hy_eod_indices_20150803.csv
    iboxx_eur_hy_eod_indices_20150804.csv
    iboxx_eur_hy_eod_indices_20150805.csv
    iboxx_eur_hy_eod_indices_20150806.csv
    iboxx_eur_hy_eod_indices_20150807.csv

    \IBOXX_EUR_HY\EUR_HY_EOD_UNDERLYINGS
    iboxx_eur_hy_eod_underlyings_excrossover_20150803.csv
    iboxx_eur_hy_eod_underlyings_cumcrossover_20150803.csv
    iboxx_eur_hy_eod_underlyings_excrossover_20150804.csv
    iboxx_eur_hy_eod_underlyings_cumcrossover_20150804.csv
    iboxx_eur_hy_eod_underlyings_excrossover_20150805.csv
    iboxx_eur_hy_eod_underlyings_cumcrossover_20150805.csv
    iboxx_eur_hy_eod_underlyings_excrossover_20150806.csv
    iboxx_eur_hy_eod_underlyings_cumcrossover_20150806.csv
    iboxx_eur_hy_eod_underlyings_excrossover_20150807.csv
    iboxx_eur_hy_eod_underlyings_cumcrossover_20150807.csv

    The newly published files are now available on our FTP server.

    For more information, please contact us at iBoxx@markit.com

    Aug 04 2015
    New Versions of Markit CDX HY Issued due to Credit Event on Alpha Appalachia Holdings, Inc.

    A credit event has been confirmed for Alpha Appalachia Holdings, Inc. by the ISDA Determinations Committee. New versions for the impacted series of the Markit CDX HY index have been issued with an annex date of 05 August 2015. The new RED codes are as follows:

    New Index Name New Index RED Code
    Dow Jones CDX.NA.HY.6-V22 2I65BRMQ0
    Dow Jones CDX.NA.HY.7-V22 2I65BRMR8
    CDX.NA.HY.8-V25 2I65BRMS6
    CDX.NA.HY.9-V27 2I65BRMT4
    CDX.NA.HY.10-V26 2I65BRMU1
    CDX.NA.HY.11-V26 2I65BRMV9
    CDX.NA.HY.12-V17 2I65BRMX5
    CDX.NA.HY.13-V11 2I65BRMW7
    CDX.NA.HY.14-V10 2I65BRMY3
    CDX.NA.HY.15-V10 2I65BRMZ0
    CDX.NA.HY.B.15-V4 2I65BSGI3

    Aug 04 2015
    Restatement of Markit iBoxx ABF and Asia ex-Japan indices and sub-indices

    The bond XS1190609740 has been removed from the Markit iBoxx ABF and Asia ex-Japan indices due to the confirmation that it is a private placement and thus ineligible for the index. The following monthly and daily files have been republished:

    /iboxx_abf/
    iboxx_abf_eom_components_201508.csv
    iboxx_abf_eom_xref_201508.csv
    iboxx_abf_eod_indices_20150803.csv
    iboxx_abf_eod_underlyings_20150803.csv

    /IBOXX_ASIA/
    iboxx_asia_eom_components_201508.csv
    iboxx_asia_eom_xref_201508.csv
    iboxx_asia_eod_indices_20150803.csv
    iboxx_asia_eod_underlyings_20150803.csv

    The newly published files are now available on our FTP server.

    For more information, please contact us at iBoxx@markit.com.

    Jul 31 2015
    Corporate Actions Notification of changes in the Markit iBoxx Liquid USD Convertible bond index series

    Corporate Actions Notification of changes in the Markit iBoxx Liquid USD Convertible bond index series:


    Series Bond CUSIP Bond ISIN Equity ISIN Old Issuer Name Effective Date Announcement
    S09,S10, S11,S12 02917TAA2 US02917TAA25 US02917T1043 American Realty Capital Properties Inc 7/30/2015 Name Change
    S10, S11,S12 02917TAB0 US02917TAB08 US02917T1043 American Realty Capital Properties Inc 7/30/2015 Name Change

    Jul 31 2015
    Corporate Actions Notification of changes in the Markit iBoxx Liquid USD Convertible bond index

    Corporate Actions Notification of changes in the Markit iBoxx Liquid USD Convertible bond index series:

    Bond CUSIP Bond ISIN Equity ISIN Issuer Name Effective Date Announcement Old CR New CR
    02917TAA2 US02917TAA25 US02917T1043 American Realty Capital Properties Inc 8/3/2015 Conversion Ratio Increases to 60.5997 59.80500 60.5997
    02917TAB0 US02917TAB08 US02917T1043 American Realty Capital Properties Inc 8/3/2015 Conversion Ratio Increases to 66.7249 66.026200 66.7249


    For more information, please contact us at iBoxx@markit.com.

    Jul 30 2015
    Restatement of the Markit CDX.EM Total and Excess Return Indices

    Please note that due a technical issue the Markit CDX.EM Total and Excess Return indices have been restated from October 6th 2014. New updated files are available on Markit’s FTP site and updated index levels have been submitted to 3rd party vendors for republication.

    Jul 22 2015
    Convertibles Announcement - Fundamental Change/Acquisition

    Markit iBoxx Liquid USD Convertible index series, Corporate Action Announcement:

    Series Bond CUSIP Bond ISIN Equity ISIN Issuer Name Effective Date Announcement Current RP New RP Applied Price Total Cash (USD)
    S9, S10, S11, S12 74973WAB3 US74973WAB37 US74973W1071 RTI International Metals Inc 7/23/2015 Fundamental Change/Acquisition 1 0 TBA TBA

    Jul 22 2015
    Results of the 2015 iBoxx Annual Index Review

    Markit announces results of the 2015 iBoxx Annual Index Review

    Following the Markit iBoxx Annual Index Review in May and June 2015, Markit is pleased to announce the following changes and clarifications of its index rules. All amendments have been discussed with, and approved by, the Markit iBoxx European Oversight Committee.

      1. Eligibility of new Tier 2 bonds under Basel III
      Subordinated bank debt regarded as Tier 2 capital under the capital adequacy requirements of Basel III continues to be eligible for the Markit iBoxx Benchmark indices. Certain securities feature an option of the issuer to convert the bonds into equity when the issuer reaches the point of non-viability. These bonds are also deemed as eligible for the Markit iBoxx Benchmark indices. As the point of non-viability is the point where the steering of a bank is taken over by regulators, this equity option only comes into play as a resolution measure and is not applicable in the regular course of business.

      This rule clarification is effective immediately.


      2. Floating Rate Notes (FRNs) – Eligibility of caps and floors

      The Markit iBoxx USD Liquid FRN Investment Grade Corporates 100 index was launched in May 2015 and the Markit iBoxx EUR Floating Rate Note Investment Grade Capped indices were launched in June 2015. Floating rate notes with caps/floors are currently excluded from the index rules. There is, however, a growing number of FRNs with floors at 0%. Further to that, Markit has noticed several FRNs that have their interest rate capped in line with the applicable usury laws. After consulting the Oversight Committee, Markit has decided to make FRNs with a floor at 0% as well as FRNs that are capped at the rate of the applicable usury laws eligible for the Markit iBoxx FRN indices.

      This rule change will be effective immediately.


      3. Transaction cost treatment of identifier changes

      For voluntary exchanges of 144A/RegS securities into global securities, Markit currently accounts for transaction cost when the identifiers changes. The exchanged bond leaves the index at the bid price and the new security enters the index at the ask price. Markit has decided to change the process in that it will no longer account for transaction costs when a voluntary debt exchange takes place. Mandatory debt exchanges are already applied to our indices without transaction costs.

      The timeframe for the implementation will be made available in a separate announcement.

      For further information please contact iBoxx@markit.com
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