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TABX Indices
 

Markit TABX.HE Indices

The new Markit TABX.HE, or the Markit ABX.HE Tranche Indices, have been constructed using the underlying  names of the BBB and BBB- Markit ABX.HE Indices; each set combining the 07-2 and 07-1 reference obligations. The goal of Markit TABX.HE is to provide investors with the ability to gain/hedge their exposure on the underlying names to specific tranches of varying levels of risk within the portfolio structures. The indices will account for Writedowns, Principal Shortfalls, and their respective Reimbursements.