| The Markit iBoxx European ABS Indices provide market participants with the tools needed to quantify returns using the most reliable bond pricing and performance data available for the European ABS market. |
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| Product summary: |
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| The Markit iBoxx European ABS Indices have joined the iBoxx index family to serve as a standardised, diversified tool referencing securitised floating-rate ABS. This allows market participants to benchmark to indices with various asset class, rating, currency, and country of collateral profiles. Investors can measure the returns available from European ABS, as well as the relative performance of their assets to the standard indices. |
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| Key benefits: |
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| The Markit iBoxx European ABS Index service leverages data provided by over 20 market-making institutions, providing third party independence |
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| An objective, rules-based approach to index construction and the availability of daily closing levels provides critical transparency |
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| Investors may create bespoke indices for use in benchmarking index performance by selecting asset class specific criteria |
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| Key functions: |
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| Markit's total return calculator for European ABS benchmarks are robust tools tracking returns across various time periods on specific areas of ABS exposure |
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| Benchmarking may be done to compare standard index, bespoke index and single name performance |
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