London and New York, NY - Markit, a leading, global financial information services company, will launch its Markit iTraxx CEEMEA and Markit CDX LatAm Corporate indices on September 20, 2012. These are the first credit default swap (CDS) indices referencing corporate debt in Central & Eastern Europe, Middle East & Africa (CEEMEA) and Latin America.
The indices will enable investors to gain or hedge exposure to corporate credit risk in CEEMEA and Latin America at a time when there is growing demand for corporate debt from emerging markets. Constituents include corporate issuers from multiple industry sectors and inclusion in the indices is based on the liquidity of a company’s CDS and the amount of debt outstanding in the market.
More information about index parameters and constituents of the Markit iTraxx CEEMEA index and the Markit CDX LatAm Corporate index can be found on Markit iTraxx News and the Markit CDX News pages online.
The indices will next roll in March 2013.
Daily closing prices for the Markit iTraxx CEEMEA and Markit CDX LatAm Corporate indices will be published on www.markit.com.