The 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 or the 07-1 and 06-2 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.

TABX.HE Trading Convention Change

As of September 23rd, 2008, upfront fees and post trade events (terminations & assignments) for the Markit TABX.HE and ABX.HE indices will settle T+3, changing from the previous convention of T+5. The revised confirmation forms for both indices can be found on the documentation pages.

TABX.HE Composite Announcement

Please note that due to lack of submissions recently, Markit has been unable to generate new composite pricing for the TABX.HE Index. Please contact support@markit.com with any questions surrounding this issue.26 September 2008 RCD Tracks September Settlements (pdf) 26 Aug 2008 RCD Tracks August Settlements (pdf)

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