Jul 18 2019
    Ongoing iTraxx Asia ex-Japan Rule Review

    IHS Markit has, following the Index Rule Review announced on the 21 June 2019, consulted with the iTraxx Asia ex-Japan Index Advisory Committee and received additional feedback from market participants.
    Based on the feedback received, IHS Markit currently expects to proceed with amending the Index rules for the September 2019 Roll (iTraxx Asia ex-Japan Series 32) with the aim of gradually further aligning the Index with the overall Asia ex-Japan IG USD bond market.
    Following the September 2019 Roll, the current expectation is that IHS Markit will continue with this alignment process over subsequent Rolls until the sector and market weights of the CDS index are substantially in line with the Asia ex-Japan USD bond market.
    The below presentation outlines the proposed index selection criteria and contains an indicative Provisional List for iTraxx Asia ex-Japan Series 32. This indicative Provisional List is based on CDS liquidity numbers published by DTCC in March 2019 and debt market figures and ratings from the end of June. Please note it is strictly for guidance purposes only and subject to change ahead of the Index Roll with the iTraxx Asia ex-Japan Series 32 list expected to be published in September.
    Market participants with questions or wishing to provide final feedback are kindly asked to do so by the 25th of July by contacting itraxxadvisory@ihsmarkit.com. Following that date, IHS Markit will provide a further update and, if necessary, publish revised Index Rules.

    Jul 15 2019
    Rebalance of the AQR-UBS Style Premia Global Equity Indices

    Please be advised that IHS Markit Benchmark Administration Limited (“IHSMBAL”) is implementing the rebalance of the below AQR-UBS Style Premia Global Equity Indices based on the weight determination provided by AQR Capital Management L.L.C.

    INDEX TICKER INDEX NAME
    UISEAGLT AQR-UBS Style Premia Global Equity Index Long Only Total Return (USD)
    UISEAGLE AQR-UBS Style Premia Global Equity Index Long Only Excess Return (USD)
    UISEAGHE AQR-UBS Style Premia Global Equity Index Benchmark-hedged Excess Return (USD)

    The rebalance will be implemented over three relevant trading days on 16 July 2019, 17 July 2019 and 18 July 2019.

    Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.

    Jul 10 2019
    Implementation timeline: methodology change for the UBS STARC T6 Commodity Index ER USD (ticker: UISKT6UE)

    At the conclusion of the four-week consultation regarding potential methodology changes for the UBS STARC T6 Commodity Index ER USD (ticker: UISKT6UE), please be informed that IHS Markit Benchmark Administration Limited will implement the proposed changes on a going-forward basis only, with effect from 19 July 2019 and not 12 July 2019 (as previously stated in the consultation paper).

    Should you have any questions, please contact us at
    support@ihsmarkit.com.

    Jul 08 2019
    New versions of Markit Indices issued due to Credit Event on Weatherford International Ltd.

    Following the confirmation of a Bankruptcy credit event for Weatherford International Ltd. by the ISDA Determinations Committee, new versions of all affected Markit CDX indices have been issued with an annex date of 5th July 2019. Below are the new indices along with their corresponding RED Index Code:

    Index Name Index RED Code
    CDX.NA.HY.26-V7 2I65BRRU6
    CDX.NA.HY.27-V7 2I65BRRV4
    CDX.NA.HY.28-V6 2I65BRRX0
    CDX.NA.HY.29-V5 2I65BRRY8
    CDX.NA.HY.30-V5 2I65BRRW2
    CDX.NA.HY.31-V5 2I65BRSA9
    CDX.NA.HY.32-V2 2I65BRRZ5
    CDX.NA.HY.B.27-V5 2I65BSEW4
    CDX.NA.HY.B.29-V4 2I65BSEX2
    CDX.NA.HY.B.30-V3 2I65BSEY0
    CDX.NA.HY.B.31-V2 2I65BSEZ7
    CDX.NA.HY.BB.26-V2 2I65BVCY5
    CDX.NA.IG.21-V2 2I65BYDQ5
    CDX.NA.IG.22-V2 2I65BYDR3
    CDX.NA.IG.23-V2 2I65BYDS1
    CDX.NA.IG.24-V2 2I65BYDT9
    CDX.NA.IG.25-V2 2I65BYDU6
    CDX.NA.IG.ENRG.21-V2 2I65B1BJ5
    CDX.NA.IG.ENRG.22-V2 2I65B1BI7
    CDX.NA.IG.ENRG.23-V2 2I65B1BL0
    CDX.NA.IG.ENRG.24-V2 2I65B1BK2
    CDX.NA.IG.ENRG.25-V2 2I65B1BM8
    CDX.NA.IG.HVOL.21-V2 2I65B3CJ0
    CDX.NA.IG.HVOL.22-V2 2I65B3CN1
    CDX.NA.IG.HVOL.23-V2 2I65B3CM3
    CDX.NA.IG.HVOL.24-V2 2I65B3CL5
    CDX.NA.IG.HVOL.25-V2 2I65B3CK7

    Jul 08 2019
    Restatement of the UBS STARC Indices

    Kindly be advised that the below UBS STARC Indices have been restated for 05 July 2019 due to an update in an underlying input. Please refresh your index level to ensure that you capture any adjustments observed.

    Ticker Index Name Index Family New Level Prior Level
    UISET6UE UBS STARC T6 Index ER USD UBS STARC 91.47 91.36
    UISRT6UE UBS STARC T6 Rates Index ER USD UBS STARC 119.08 119.07


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

    Jul 05 2019
    Halifax House Price Index - July 2019 Press Release

    Halifax House Price Index - July 2019 Press Release is now available

    Jul 05 2019
    Ticker change for iBoxx EUR and GBP Benchmark indices


    A number of indices in the iBoxx EUR and iBoxx GBP index families will see a ticker change starting from 1 August 2019. The updated tickers will be published in the files listed below on that date and every day thereafter.

    IBOXX_EUR\EUR_EOD_INDICES\iboxx_eur_eod_indices_yyyymmdd.csv
    IBOXX_GBP\GBP_EOD_INDICES\iboxx_gbp_eod_indices_yyyymmdd.csv

    The ticker changes will also be included in the EOM XREF files that will be published following the rebalance process on 31 July 2019. The XREF files listed here will be updated with the new tickers:

    IBOXX_EUR\EUR_EOM_XREF\iboxx_eur_eom_xref_201908.csv
    IBOXX_EUR\EUR_EOM_XREF\Corporates\iboxx_eur_eom_xref_201908.csv
    IBOXX_GBP\GBP_EOM_XREF\iboxx_gbp_eom_xref_201908.csv
    IBOXX_GBP\GBP_EOM_XREF\Corporates\iboxx_gbp_eom_xref_201908.csv

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

    Jul 05 2019
    SFTP / FTP File new enhanced format for iBoxx EUR High Yield

    IHS Markit is pleased to introduce a new, enhanced file format for the iBoxx EUR High Yield files that are published on our SFTP / FTP server. The new format will broadly align the files for the iBoxx EUR High Yield indices with those of the iBoxx EUR Benchmark indices. It will also contain several new fields, including some key analytics fields such as effective OA duration, Z-spread over Libor, and Annual benchmark spread to BM-curve.

    We will begin publishing the new file formats on 8 July 2019 in the same folder as the current files. To distinguish the different formats, there will be a minor change to the file naming convention used for the new format.The new and current format files will be available in parallel until 7 October 2019, at which time we will cease publication of the current file format.

    Please find file name updates, a mapping file with all field changes and sample files below.

    Folder New File Name Current File Name
    IBOXX_EUR_HY\EUR_HY_EOD_INDICES iboxx_eurhy_eod_indices_yyyymmdd.csv iboxx_eur_hy_eod_indices_yyyymmdd.csv
    IBOXX_EUR_HY\EUR_HY_EOD_UNDERLYINGS iboxx_eurhy_eod_underlyings_yyyymmdd.csv iboxx_eur_hy_eod_underlyings_excrossover_yyyymmdd.csv
    IBOXX_EUR_HY\EUR_HY_EOD_UNDERLYINGS iboxx_eurhy_eod_underlyings_yyyymmdd.csv iboxx_eur_hy_eod_underlyings_cumcrossover_yyyymmdd.csv
    IBOXX_EUR_HY\EUR_HY_EOM_XREF iboxx_eurhy_eom_xref_yyyymm.csv iboxx_eur_hy_eom_xref_yyyymm.csv
    IBOXX_EUR_HY\EUR_HY_EOM_COMPONENTS iboxx_eurhy_eom_components_yyyymm.csv iboxx_eur_hy_eom_components_excrossover_yyyymm.csv
    IBOXX_EUR_HY\EUR_HY_EOM_COMPONENTS iboxx_eurhy_eom_components_yyyymm.csv iboxx_eur_hy_eom_components_cumcrossover_yyyymm.csv
    IBOXX_EUR_HY\EUR_HY_EOM_COMPONENTS\PREVIEW iboxx_eurhy_eom_components_yyyymm.csv iboxx_eur_hy_eom_components_yyyymm.csv

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

    Jul 03 2019
    Markit CDX IG Financials Consultation

    IHS Markit is currently consulting with CDX IG Index Advisory Committee members regarding the potential inclusion of Swap Dealers with liquid CDS traded on them within CDX IG or as constituents in a separately traded CDX Financials Index.

    Market participants are invited to provide feedback by emailing cdxadvisory@ihsmarkit.com, the feedback window is scheduled to complete by end of July following which IHS Markit will publish a further announcement.

    Jul 02 2019
    iBoxx Japan XREF file update

    IHS Markit is updating the iBoxx Japan XREF file to match the field header and field content for the Index Identifier and Index ISIN fields. The change will become effective with the 31 July rebalancing. Updated historical XREF files will also be provided.

    Old Format:

    Date Index Identifier Index Isin Component Identifier Component Isin Notional Amount
    31-May-19 GB00B243CS01 JPY.LCY BBAH0082315 JP1103411FC6 8066114850000
    31-May-19 GB00B243CS01 JPY.LCY BBAL5168359 JP1103451GC0 7581884000000

    New Format:

    Date Index Identifier Index Isin Component Identifier Component Isin Notional Amount
    31-May-19 JPY.LCY GB00B243CS01 BBAH0082315 JP1103411FC6 8066114850000
    31-May-19 JPY.LCY GB00B243CS01 BBAL5168359 JP1103451GC0 7581884000000


    If you have any questions, please contact us at indices@ihsmarkit.com

    Jul 01 2019
    Restatement of iBoxx EUR & GBP Breakeven Inflation indices

    The following files have been restated for 1 July 2019 due to updated cost factor data.

    The restated files are now available on our FTP server here:
    Export Folder Filename
    \IBOXX_CUSTOM_INDICES\B151201\INDICES iboxx_B151201_eur_eod_indices_20190701.csv
    \IBOXX_CUSTOM_INDICES\B151201\INDICES iboxx_B151201_eur_inverse_eod_indices_20190701.csv
    \IBOXX_CUSTOM_INDICES\B151201\INDICES iboxx_B151201_gbp_eod_indices_20190701.csv
    \IBOXX_CUSTOM_INDICES\B170101\INDICES iboxx_B170101_eur_eod_indices_20190701.csv
    \IBOXX_CUSTOM_INDICES\B170102\INDICES iboxx_B170102_eur_eod_indices_20190701.csv

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

    Jul 01 2019
    Rebalance for UBS Global Quality Dividend Payers Net Total Return Index

    Please be informed that IHS Markit Benchmark Administration Limited (“IHSMBAL”) has performed the pro forma rebalance for UBS Global Quality Dividend Payers Net Total Return Indices using the closing prices of 01 July 2019. The pro forma rebalance is available on request.

    INDEX NAME INDEX FAMILY INDEX TICKER
    UBS Global Quality Dividend Payers Net Total Return Index BETA MBCIGQDC, MBCIGQDP, MBCIGQDU

    The final rebalance will be performed from 05 July 2019 onwards.

    Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.

    Jul 01 2019
    Updated List of Retail Bonds

    IHS Markit has identified additional Retail issues. These bonds have been added to the attached list.

    Jul 01 2019
    Updated List of Private Placements

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

    Jun 28 2019
    Rebalance of the UBS Europe Growth 20 Index

    Please be informed that IHS Markit Benchmark Administration Limited (“IHSMBAL”) has performed the pro forma rebalance for the UBS Europe Growth 20 Index (MBCIEG20) using the closing prices of 28 June, 2019. The pro forma rebalance is available upon request.

    The final rebalance will be performed on 1 July, 2019, to be effective at the open of 2 July, 2019 and can likewise be requested at that time.

    Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.

    Jun 28 2019
    Restatement of iBoxx AUD indices

    The index and underlying data for the iBoxx AUD indices have been restated for 28 June 2019 due to updated prices for several bonds. The following files have been restated:

    Export Folder Filename
    IBOXX_AUD iboxx_aud_large_cap_eod_indices_20190628.csv
    IBOXX_AUD\UNDERLYINGS iboxx_aud_large_cap_eod_underlyings_20190628.csv

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

    Jun 26 2019
    IHS Markit Benchmark Administration Halifax House Price Index family: proposal to shorten notice period

    IHS MARKIT BENCHMARK ADMINISTRATION: HALIFAX HOUSE PRICE INDEX

    Proposal to shorten notice period from three months to one month for IHS Markit Benchmark Administration Limited to inform users that it will begin using the new HHPI methodology to calculate the house price data published in monthly and quarterly HHPI press releases

    26 June 2019


    Background
    At the closure of the consultation with users around a change to the Halifax House Price Index (“HHPI”) methodology on 18 December 2018, IHS Markit Benchmark Administration Limited (the “Administrator”) informed users that any decision by the Administrator to begin using the new HHPI methodology to generate house price data to be published in the monthly and quarterly HHPI press releases prior to 1 July 2020 would be communicated to all users with a minimum of three months’ advance notice.

    Proposal to shorten notice period
    In order to provide scope for the Administrator to begin using the new HHPI methodology to generate house price data to be published in the monthly and quarterly HHPI press releases earlier than originally planned, the Administrator is proposing a shortening of the advance notice period from three months to one month. To be clear, any shortening of the advanced notice period would have no impact on the Administrator’s commitment to continue to provide users with all HHPI series generated using the existing HHPI methodology until 1 July 2020.

    Process and next steps

    If any users have significant objections to the above proposal, please respond to IHS Markit Index Administration Services at:
    MK-IndexAdminConsultation@ihsmarkit.com. no later than 4 July 2019 clearly stating the reasons for your objection.

    Should you have any questions, please contact us at:
    MK-IndexAdminConsultation@ihsmarkit.com.

    Jun 26 2019
    Implementation timeline: Methodology change for the HSBC FX G10 Momentum Volatility Control Index (Ticker: HSFADMVU)

    At the conclusion of the three-week consultation regarding a potential methodology change for the HSBC FX G10 Momentum Volatility Control Index (Ticker: HSFADMVU), please be informed that IHS Markit Benchmark Administration Limited will implement the proposed changes with effect from 3 July 2019. As suggested in the consultation, the index back history reflecting the new methodology will also be made available on that date.

    Should you have any questions, please contact us at support@ihsmarkit.com.

    Jun 24 2019
    Inclusion of SONIA-linked FRNs in the Markit iBoxx GBP Liquid IG Ultrashort Index

    IHS Markit will be including floating rate notes linked to the Sterling Overnight Index Average (SONIA) in the Markit iBoxx GBP Liquid Investment Grade Ultrashort index with effect from 30 June 2019. This decision follows a comprehensive consultation with users of the index and IHS Markit Benchmark Administration Limited.

    The Index is designed to provide a balanced representation of the Sterling (GBP) denominated investment grade ultrashort credit market and is comprised of both fixed coupon bonds and floating rate notes. Recent developments have shown that Libor will be gradually phased out and to ensure that the index reflects a growing issuance of floating rate notes linked to SONIA this decision was made.

    The updated index guide can be found on our website here. Click Rules Liquid on the left side of the screen and then choose Europe > GBP > Markit iBoxx GBP Liquid Investment Grade Ultrashort.

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

    Jun 21 2019
    iTraxx Asia ex-Japan Rule Review

    IHS Markit announced in March 2019 an ongoing consultation of the iTraxx Asia ex-Japan index rules. Looking to the September 2019 CDS index roll, IHS Markit intends to conclude the consultation and implement rule changes leading to further issuer country and sector alignment of the iTraxx Asia ex-Japan index with the Asian USD cash bond market.
    Market participants wanting to provide feedback or inquire on the changes being considered are invited to join the iTraxx Asia ex-Japan Index Advisory Committee or can contact the index team directly by email itraxxadvisory@ihsmarkit.com.
    The consultation period will complete on the 25th of July with the publication of a revised Index rule set end of July.
    Current Index Rules are published under Documentation, iTraxx Product Rules on the following page https://www.markit.com/Documentation/Product/ITraxx.


    Summary of proposed rule changes:

    1.Primary target of the index remains the inclusion of eligible entities that are liquid in the CDS market therefore the Liquidity List Rule will be maintained.

    2.Intention is to introduce a Market-Sector Profile based on the iBoxx USD Asia ex-Japan Investment Grade Index, which is set ahead of each index roll and from which underweight sectors and countries in iTraxx Asia ex-Japan index are determined versus the cash bond market.

    Current iBoxx USD Asia Investment Grade Market-Sector Profile mapped to 40 constituents:

    Market Financials Non-Financials Real Estate Sovereigns(incl. Sub-sovs.)
    China 7 11 3 1
    Hong Kong 1 2 1
    India 1 2
    Indonesia 2 1
    Malaysia 1
    Philippines 1
    Singapore 1
    South Korea 1 2 1
    Thailand 1

    Current iTraxx Asia ex-Japan Series 31 Market-Sector Profile:


    Market Financials Non-Financials Real Estate Sovereigns(incl. Sub-sovs.)
    CHINA 2 4 3
    HONG KONG 2 2
    INDIA 3 1
    INDONESIA 1
    MACAO
    MALAYSIA 2 1
    PHILIPPINES 1
    SINGAPORE 3 1 1
    SOUTH KOREA 4 5 3
    TAIWAN
    THAILAND 1

    3.Names will then be added to the iTraxx Asia ex Japan Index from the most underweight sectors and markets identified using the Market-Sector Profile, replacing the least liquid CDS names of the most overweight markets and sectors .

      a.Selection of replacement names within a sector and market determined to be underweight will based on largest debt amount outstanding and bonds issued.

      b.A maximum of seven replacements can be made per Roll, with no more than two replacements per market-sector combination.

    Mar 08 2019
    Restatement of EMIX Indices (Global Resources, Small + Large Cap and World families)

    8 March 2019

    In accordance with the IHS Markit Restatement Policy, please be advised that the EMIX Global Mining 100, EMIX Global Mining Constrained Weights, EMIX Global Mining and Energy, EMIX Global Mining Gold and Energy, EMIX Global Mining, EMIX Smaller Asia Pacific ex Japan and India Sub Continent, EMIX Smaller Australia and New Zealand, EMIX Smaller Pacific and EMIX World Smaller Companies index families have been restated for 7 March 2019 due to a correction in the implementation of Iluka Resources LTD (SEDOL: 6957575) dividend with ex-date 7 March 2019.

    In addition, please note that the EMIX Australia and New Zealand, EMIX Global Mining 100, EMIX Global Mining 50, EMIX Global Mining Constrained Weights, EMIX Global Mining and Energy, EMIX Global Mining Gold and Energy, EMIX Global Mining, EMIX World index families have been restated for 7 March 2019 due to a correction in the implementation of South32 LTD (SEDOL: BWSW5D9) dividend with ex-date 7 March 2019.

    The revised historical levels have been republished to the FTP.

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