IndicesiRxx

The Markit Interest Rate Swap Emerging Market Index (iRxx.EM) is an independent and transparent tradable index with interest rate derivative contracts as constituents. iRxx.EM offers an efficient instrument to gain or hedge global emerging market interest rate exposure in a single trade.

Customers

  • Asset managers
  • |
  • Banks
  • |
  • Hedge funds

Statistics

  • 15EM countries covered
  • 2roll dates per year

Factsheet

Email this product

Send using your default email client.

SHARE

Social sharing

Get in touch

Want to talk to the team directly?

Product summary

iRxx.EM is the first independent and transparent tradable index to capture a macro view of interest rate risk in emerging markets. The index consists of liquid emerging market interest rate swap contracts, with a forward starting streamlined structure. Constituents include interest rate swaps, cross currency swaps and overnight index swaps.

iRxx.EM provides investors with an innovative instrument to gain or hedge global emerging markets interest rate exposure. Theoretical valuations of the index are calculated by Markit’s Portfolio Valuations service.

    Key Benefits

    • Efficient

      Enables market participants to gain or hedge global emerging market rate exposure in a single trade

    • Transparent

      Index rules, trading documentation and annexes publically available

    • Independent

      Independent rules-based methodology

    • Representative

      Consists of the most liquid swap contracts

    • Expertise

      Leverages Markit’s extensive experience and proven track record in the creation of tradable derivative indices

    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