IndicesTABX

The Markit TABX.HE indices are tranched versions of the Markit ABX.HE, created by further dividing the principal balances of the Markit ABX.HE.BBB and Markit ABX.HE.BBB- indices.

Customers

  • Banks
  • |
  • Asset managers
  • |
  • Hedge funds
  • |
  • Insurance companies
  • |
  • Corporate treasurers

Statistics

  • 4sub-indices
  • 24distinct tranches

Email this product

Send using your default email client.

SHARE

Social sharing

Get in touch

Want to talk to the team directly?

Product Summary

The Markit TABX.HE indices were constructed using the underlying names of the BBB and BBB- Markit ABX.HE Indices. Each set combines the 07-1 and 06-2 reference obligations.

Markit TABX.HE indices are designed to provide investors with the ability to gain or hedge their exposure on the underlying names to specific tranches of varying levels of risk within the portfolio structures. The indices account for writedowns, principal shortfalls, and their respective reimbursements.

    Key Benefits

    • Market Sentiment

      Provides additional options for synthetic exposure to subprime MBS and serves as a gauge for market sentiment surrounding the lower rated tranches of subprime RMBS

    • Targeted Risk Exposure

      Artificial attachment and detachment points create different levels of risk within BBB and BBB- rated securities

    • Familiar Constituent Set

      Each TABX.HE index is exposed to two series of the ABX.HE index (40 bonds instead of 20)

    • Distribution

      Monthly payment amounts published and made publicly available on a monthly basis

    Documentation

    Publicly available documentation relating to our indices, including methodologies, annexes and educational guides, as well as trading and legal documents for tradable indices

    View