Sep 21 2018
    Agenda of the iBoxx Annual USD Loans Index Review 2018

    Please find the agenda of the 2018 iBoxx Annual USD Loans Index Review below.

    For more information, please contact us at indices@ihsmarkit.com.

    Sep 19 2018
    Launch Notification: iBoxx Global Sovereign Indices

    IHS Markit is pleased to announce the launch of 42 new indices as part of the iBoxx Global Sovereigns Index family.

    Index Identifiers – Please refer to the attachment (Identifiers List) for the new Index Identifiers and Index Base Dates.

    On-going publication

    FTP Server: Starting 18 September 2018, the indices will be calculated and published through the FTP server. Please refer to the attachment (FTP Publication) for the folder path and file name details.
    IHS Markit Website: These indices are also on the Markit iBoxx website. => Markit iBoxx Benchmark Indices => Markit iBoxx Global Sovereign Indices

    For more information please contact us at indices@ihsmarkit.com.

    Sep 03 2018
    Updated List of Private Placements

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

    For more information please contact us at indices@ihsmarkit.com

    Aug 10 2018
    Capping methodology change for Markit iBoxx Pfandbriefe index

    The capping methodology used for the Markit iBoxx Pfandbriefe Index will change effective 1 September 2018 following clarification on the implementation of the UCITS guidelines. As of 1 September 2018 the issuer capping methodology will revert to the original rules and will be applied to the issuer and not the on the ultimate parent of the respective issuer. At the same time an exemption from cappingfor issuers that have a government entity as an ultimate parent will no longer apply.

    The capping method fulfils the requirements of the Undertakings for Collective Investment and Transferable Securities (UCITS) regulations.

    The resulting changes are minor and will be reflected in the previews that IHS Markit is publishing throughout the month of August.

    For additional details on the updated capping methodology please refer to the Markit iBoxx Pfandbrief Index Guide published in the Documentation section of our webpage here.

    For more information please contact us at indices@ihsmarkit.com.



    Aug 01 2018
    Updated List of Private Placements

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

    For more information please contact us at indices@ihsmarkit.com

    Jul 31 2018
    Results of the iBoxx European Annual Index Review 2018

    Following the European iBoxx Annual Index Review 2018, IHS Markit is pleased to announce the following changes and clarifications of its index rules. All amendments have been discussed with both European iBoxx Advisory Committees prior to IHS Markit’s decision on the implementation.

    1. Eligibility of Insurance Tier 1 Debt

    Insurance Restricted Tier 1 debt (RT1) will become eligible for the iBoxx Contingent Convertible indices, provided they feature an observable trigger. The iBoxx Contingent Convertible (CoCo) indices cover bonds issued in EUR, GBP and USD. RT1 bonds will be included for these 3 currencies. As illustrated in below table, the RT1 bonds will adopt the new classification “RT1” within the iBoxx “Seniority Level 2” classification field. The existing liquid CoCo indices are specific to the seniority levels “AT1” and “T2”. Therefore, the RT1 bonds will not enter the existing liquid indices due to the separate classification:

    Market Sector Seniority Level 1 Seniority Level 2
    Banks SUB AT1

    T2
    Insurance SUB RT1

    This inclusion will be effective as of the 30 September 2018 rebalance. The entering RT1 bonds will be shown in the index previews during the month of September.


    2. Country Classification between Developed and Emerging Markets

    IHS Markit discussed the country classification review with the iBoxx Committees. The three countries under review were Slovenia, Israel and Kuwait. These countries are currently classified as emerging markets that are identified on the threshold (transition period) of eligibility to developed markets based on the IHS Markit Economic Development Classification Methodology.

        • Kuwait will remain an emerging market due to its resource-focused economy.

        • Slovenia will remain an emerging market. IHS Markit will consider a change next year.

        • Israel will be further evaluated for upgrade to Developed Markets pending its 2018 country classification data and wider global consultation. A final decision will be communicated thereafter.


    3. Treatment of Bond Rating Upgrades on T-2

    Bonds that are upgraded from the iBoxx High Yield universe and become eligible for the iBoxx Investment Grade indices two business days prior to rebalancing do not enter the investment grade indices under the existing rules. This caused a situation where bonds would leave crossover indices and re-enter only the following month.

    To address this, constituent bonds of iBoxx High Yield that are upgraded to investment grade on T-2 will enter the iBoxx Investment Grade indices on the same day, provided they are eligible.

    This rule change will be effective as of the 30 September 2018 rebalance.

    IHS Markit will further assess the iBoxx rebalancing index cut-off methodology and plans to align the cut-off for insertions and exclusions to the same date. This will simplify the movement of bonds between indices. The details will be communicated in a separate announcement nearer to the date when the decision on implementation will be made.


    4. Clarification on Bond Eligibility during Tender

    Updates on bonds under tender or exchange offers will only be actioned once the results are publicly available. In the case of an exchange offer, the old notes will remain in the index until the new notes are available. In the case of like-for-like exchange offers, available new notes with a missing rating will be assigned the rating of the old notes. For exchange offers with different terms the rating will not be carried across to the new notes and the old notes remain in the index until all details of the new notes including their rating are available.


    5. Daily Calculations of iBoxx Indices

    Bonds that are part of global indices that will be launched in the future will be calculated and published as part of these indices every day, Monday to Friday irrespective of the existing holiday calendar. Existing single currency indices such as EUR and GBP will keep adhering to their holiday calendar and the data will only be published on trading days and rebalancing days as in the past. This update has no impact on existing iBoxx indices.


    6. Consistent Definitions of Global Regions

    IHS Markit global regions definitions will remain as they are following the consultation with index committees.


    7. Treatment of Called Bonds

    The treatment of called bonds will be updated. Currently, called bonds are removed from the index at the earliest rebalancing following the announcement of their call at the then current price. Going forward called bonds will remain in the iBoxx indices until the call date and leave the index at the call price.

    The change will be effective as of the 30 September 2018 rebalance.


    For more information please contact us at indices@ihsmarkit.com.

    Jul 26 2018
    Restatement of the iBoxx USD High Yield Developed Markets Consumer Goods 1-3 & 5-7 indices

    Please be advised that the below indices have been restated to include missing bonds.

    iBoxx USD High Yield Developed Markets Consumer Goods 1-3 & iBoxx USD High Yield Developed Markets Consumer Goods 5-7 indices are restated from 31 December 2012 through 19 July 2018. For clarity, the main USD High Yield Developed Markets index has not been affected, only these sub-indices.
    ISIN Total Return Index Name
    GB00BFT20M30 iBoxx USD High Yield Developed Markets Consumer Goods 1-3
    GB00BFT20R84 iBoxx USD High Yield Developed Markets Consumer Goods 5-7

    The updated membership lists and index levels are now available on below ftp locations:

    /IBOXX_USD_HY/USD_HY_EOD_INDICES
    iboxx_usd_hy_eod_indices_yyyymmdd.csv
    iboxx_usd_hy_eod_indices_yyyy.csv

    /IBOXX_USD_HY/USD_HY_EOM_XREF
    iboxx_usd_hy_eom_xref_yyyymm.csv


    For more information, please contact us at indices@ihsmarkit.com.

    Jul 19 2018
    Restatement & Republishing of the Markit iBoxx USD Leveraged Loans & Markit iBoxx USD Liquid Leveraged Loan index

    Please note that the 9 July 2018 files are being restated due to an incorrect corporate action for two Murray Energy loans. The files for 10 July 2018 are being republished as the index levels are not impacted, only the daily returns. The incorrect corporate action was rolled back on 10 July 2018 and correctly reapplied on 16 July 2018.
    Please see table below for details of the index level change for 9 July 2018.

    Date ISIN TRI - Prior TRI - Post Impact
    9 July 2018 GB00B4Q2XT74 167.5622288 167.487355 -0.0447%
    9 July 2018 GB00B51T0V13 169.1841217 169.1643406 -0.0117%

    The updated daily indices and underlying files for 9 and 10 July 2018 can be found in the following FTP directory:

    /IBOXX_LOANS_LIQUID100/INDICES
    /IBOXX_LOANS_LIQUID100/UNDERLYINGS
    /IBOXX_LOANS/INDICES
    /IBOXX_LOANS/UNDERLYINGS

    File names:

    markit_iboxx_usd_liquid_100_lev_ln_eod_indices_20180709.csv
    markit_iboxx_usd_liquid_100_lev_ln_eod_underlyings_20180709.csv
    markit_iboxx_usd_liquid_100_lev_ln_eod_indices_20180710.csv
    markit_iboxx_usd_liquid_100_lev_ln_eod_underlyings_20180710.csv
    markit_iboxx_usd_lev_ln_eod_indices_20180709.csv
    markit_iboxx_usd_lev_ln_eod_underlyings_20180709.csv
    markit_iboxx_usd_lev_ln_eod_indices_20180710.csv
    markit_iboxx_usd_lev_ln_eod_underlyings_20180710.csv

    For more information please contact us at indices@ihsmarkit.com

    Jul 06 2018
    Launch of iBoxx AUD Corporates & Covered Large Cap

    IHS Markit is pleased to announce the launch of iBoxx AUD Corporates & Covered Large Cap index to expand the iBoxx AUD Large Cap index family. The base date for the index is 30th November 2011.

    Index Identifiers:

    Index Name Version ISIN SEDOL Bloomberg Reuters
    iBoxx AUD Corporates & Covered Large Cap TRI GB00BF9QMC90 BF9QMC9 IBXXAUCD .IBXXAUCD
    iBoxx AUD Corporates & Covered Large Cap CPI GB00BF9QMD08 BF9QMD0 IBXXAUDD .IBXXAUDD

    On-going publication:


    FTP Server: Starting 9th July 2018, the index will be calculated and published through the FTP server as part of the standard Markit iBoxx AUD Large Cap files.
    File Type File Names Publication FTP folder for Publication
    Indices iboxx_aud_large_cap_eod_indices_yyyymmdd.csv Daily /IBOXX_AUD/INDICES
    XREF iboxx_aud_large_cap_eom_xref_yyyymm.csv Monthly /IBOXX_AUD/XREF

    Reuters:
    The index levels for selected index will be published daily under the Reuters tickers mentioned in the Identifiers section.
    Bloomberg:The index levels for selected index are currently in setup phase, we will notify you once done.

    Markit Website:The iBoxx AUD Corporates & Covered Large Cap index is also available on the website, under:www.ihsmarkit.com=> Markit iBoxx Benchmark Indices => Markit iBoxx Aisa-Pacific => AUD=> Non-Government

    For more information please contact us at indices@ihsmarkit.com.

    Jul 03 2018
    Restatement of the Markit iBoxx USD Liquid Leveraged Loan index

    Please note that the components file for the Markit iBoxx USD Liquid Leveraged Loan index has been restated for July 2018.

    The updated file can be found in the following FTP directory:

    /IBOXX_LOANS_LIQUID100/COMPONENTS/

    File name:

    markit_iboxx_usd_liquid_100_lev_ln_eom_components_20180630.csv

    The daily indices and underlyings files for 2 July 2018 have also been restated. Please see table below for details of the index level change.
    Markit iBoxx USD Liquid Leveraged Loan Index Previous Index Level Adjusted Index Level Change
    Total Return Index Level 168.5113 166.8549 -1.6564
    Price Return Index Level 72.96827 72.96797 -0.00036

    The updated daily indices and underlying files can be found in the following FTP directory:

    /IBOXX_LOANS_LIQUID100/INDICES
    /IBOXX_LOANS_LIQUID100/UNDERLYINGS

    File names:

    markit_iboxx_usd_liquid_100_lev_ln_eod_indices_20180702.csv
    markit_iboxx_usd_liquid_100_lev_ln_eod_underlyings_20180702.csv

    For more information, please contact us at indices@ihsmarkit.com

    Jul 02 2018
    Updated List of Private Placements

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

    For more information please contact us at indices@ihsmarkit.com

    Jul 02 2018
    June 2018 Quarterly Forecast for Markit iBoxx ABF Pan-Asia indices

    Jul 02 2018
    June 2018 Quarterly Forecast for Markit iBoxx Asia Ex-Japan Indices

    Jun 22 2018
    Agenda of the iBoxx Annual European Index Review 2018

    Please find the agenda of the 2018 iBoxx Annual European Index Review below.

    For more information, please contact us at indices@ihsmarkit.com.

    Jun 06 2018
    Methodology change for iBoxx USD Liquid Investment Grade Inflation Hedged Index

    As of close of business 6 June 2018 the annual modified duration of the underlying bonds replaces the average life as the analytic measure used to pair bonds to inflation swap contracts and determine the hedge ratios. The methodology change will apply to the entire history of the index, starting with 31 January 2012. The index levels and all associated index files will be republished accordingly on the FTP server and iBoxx website.

    For more information, please contact us at indices@ihsmarkit.com.

    Jun 04 2018
    Restatement of the Markit iBoxx USD Liquid Leveraged Loan index

    Please note that the components file for the Markit iBoxx USD Liquid Leveraged Loan index has been restated for June 2018 as a result of the exclusion of 2 loans that are no longer eligible for the iBoxx USD Liquid Leveraged Loan index.

    The updated file can be found in the following FTP directory:

    /IBOXX_LOANS_LIQUID100/COMPONENTS/

    File name:

    markit_iboxx_usd_liquid_100_lev_ln_eom_components_20180531.csv

    The following loans have been removed:
    LoanX ID CUSIP Issuer Name Asset Name
    LX169652 89364MBK9 Transdigm Inc. Term Loan
    LX169653 89364MBL7 Transdigm Inc. Term Loan

    Replacement Loans:
    LoanX ID CUSIP Issuer Name Asset Name
    LX149099 13134MBG7 Calpine Corporation Term Loan (2015)
    LX167156 17187MAM2 Cincinnati Bell Inc. Tranche B Term Loan

    The newly published files are now available on our FTP.

    For more information, please contact us at indices@ihsmarkit.com.

    May 29 2018
    List of Private Placements for Asia

    IHS Markit has identified additional Private Placement issues in the Markit iBoxx ABF / Asia indices. Please find the list attached.

    For more information please contact us at indices@ihsmarkit.com

    May 29 2018
    List of Retail Bonds for Asia

    IHS Markit has identified additional Retail bond issues in the Markit iBoxx ABF / Asia indices. Please find the list attached.

    For more information please contact us at indices@ihsmarkit.com

    May 25 2018
    Launch of iBoxx USD High Yield Developed Markets sub-indices

    IHS Markit is pleased to announce the launch of iBoxx USD High Yield Developed Markets sub-indices. The base date for the indices is 31 December 2012.

    Index Identifiers
    – Please refer to the attached list of Index Identifiers.

    Ongoing publication


    FTP Server: Starting 24 May 2018, the indices will be calculated and published through the FTP server as part of the standard Markit iBoxx USD High Yield Benchmark files.



    The indices will also be published on the Markit iBoxx website.

    For more information please contact us at indices@ihsmarkit.com

    May 09 2018
    Launch of iBoxx USD High Yield Developed Markets Overall and 16 sub-indices

    IHS Markit is pleased to announce the launch of iBoxx USD High Yield Developed Markets Overall and 16 sub-indices. The base date for the indices is 31 December 2012.

    The iBoxx USD High Yield Developed Markets Overall is a broad benchmark index that extends on IHS Markit’s existing iBoxx $ Liquid High Yield Index offering in this space. It covers a universe of close to 2,000 USD high yield bonds with notional amounts of $ 200 million and above.

    Index Identifiers – Please refer to the attachments for the Identifiers list and the Index Guide.

    On-going publication

    FTP Server: Starting 9 May 2018, the indices will be calculated and published through the FTP server as part of the standard Markit iBoxx USD High Yield Benchmark files.

    File Type Publication FTP Folder File Name
    Indices Daily /iboxx_usd_hy/usd_hy_eod_indices iboxx_usd_hy_eod_indices_YYYYMMDD.csv
    Underlyings Daily /iboxx_usd_hy/usd_hy_eod_underlyings iboxx_usd_hy_eod_underlyings_YYYYMMDD.csv
    Components Monthly /iboxx_usd_hy/usd_hy_eom_components iboxx_usd_hy_eom_components_YYYYMM.csv
    XREF Monthly /iboxx_usd_hy/usd_hy_eom_xref iboxx_usd_hy_eom_xref_YYYYMM.csv


    The indices will also be published on the Markit iBoxx website.

    For more information please contact us at indices@ihsmarkit.com.

    View Next 20