News & Information
Jan 28 2021Reminder: Ask insertion prices for standard liquid indices
As part of the 2020 iBoxx European and North American Annual Index Review and as per our subsequent announcement in December 2020 a selection of standard liquid indices (e.g. those based on rating, maturity band and sector) will, going forward, use ask prices for bonds newly entering those indices.
The majority of iBoxx liquid indices currently use the ask price for the insertion of new issues. There is a selection of standard liquid indices based on rating, maturity band and sector sub-indices, where a new insertion ‘inherits’ a bid price from a broader liquid index. iBoxx is adjusting the configuration of these standard liquid indices to ensure that the ask price is taken at bond insertion, to ensure that such liquid sub-indices are replicable and reflect the realistic underlying security transactions. All iBoxx standard Liquid indices will use ask price for bond insertions going forward.
The change in standard liquid index configuration that do not yet use ask insertion prices will be effective as of 31 January 2021 rebalancing, and reflected in the Forward/Preview files for January month end rebalancing.
Please see the attached file which lists all the indices affected by the upcoming change.
For more information please contact us at indices@ihsmarkit.com
The majority of iBoxx liquid indices currently use the ask price for the insertion of new issues. There is a selection of standard liquid indices based on rating, maturity band and sector sub-indices, where a new insertion ‘inherits’ a bid price from a broader liquid index. iBoxx is adjusting the configuration of these standard liquid indices to ensure that the ask price is taken at bond insertion, to ensure that such liquid sub-indices are replicable and reflect the realistic underlying security transactions. All iBoxx standard Liquid indices will use ask price for bond insertions going forward.
The change in standard liquid index configuration that do not yet use ask insertion prices will be effective as of 31 January 2021 rebalancing, and reflected in the Forward/Preview files for January month end rebalancing.
Please see the attached file which lists all the indices affected by the upcoming change.
For more information please contact us at indices@ihsmarkit.com
Jan 27 2021Updated List of Private Placements (iBoxx Asian Indices)
IHS Markit has identified additional Private Placement issues in the Markit iBoxx ABF / Asia indices. Please find the list attached.
Jan 26 2021Termination of SEB Commodity Index Series - Confirmation
Following the conclusion of the previously announced consultation on the cessation of the attached SEB indices, IHS Markit Benchmark Administration Limited confirms that it will cease the calculation and administration of the indices.
The final published index levels will be dated 02 February 2021
Should you have any questions, please contact us at support@ihsmarkit.com
The final published index levels will be dated 02 February 2021
Should you have any questions, please contact us at support@ihsmarkit.com
Jan 22 2021Announcement: Exclusion of issuer impacted by the US Sanctions pursuant to Executive Order 13959 within iBoxx indices (EO 13959 – Update 1)
Please find the announcement regarding the exclusion of issuer impacted by the US Sanction pursuant to Executive Order 13959 within iBoxx indices attached below.
For more information please contact us at indices@ihsmarkit.com.
For more information please contact us at indices@ihsmarkit.com.
Jan 22 2021IHS Markit Consultation on the methodology update for 5 iBoxx custom indices
IHS Markit is conducting a consultation regarding a potential methodology update for the following 5 indices, details included the attachment.
Markit iBoxx EUR FRN Investment Grade 1-3
Markit iBoxx USD Liquid FRN Investment Grade Corporates 100
Markit iBoxx EUR Liquid Corporates Top 75 MID Price TCA (Financials)
Markit iBoxx EUR Liquid Corporates BBB Top 60, and
Markit iBoxx EUR Liquid High Yield 30 Ex-Financial.
Clients and other stakeholders are invited to review the consultation and provide feedback on the proposed changes.
The consultation window will remain open through 5 February 2021, and a final decision will be communicated on 10 February 2021.
For more information please contact us at indices@ihsmarkit.com.
Markit iBoxx EUR FRN Investment Grade 1-3
Markit iBoxx USD Liquid FRN Investment Grade Corporates 100
Markit iBoxx EUR Liquid Corporates Top 75 MID Price TCA (Financials)
Markit iBoxx EUR Liquid Corporates BBB Top 60, and
Markit iBoxx EUR Liquid High Yield 30 Ex-Financial.
Clients and other stakeholders are invited to review the consultation and provide feedback on the proposed changes.
The consultation window will remain open through 5 February 2021, and a final decision will be communicated on 10 February 2021.
For more information please contact us at indices@ihsmarkit.com.
Jan 22 2021Result of the consultation on the methodology update of the iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8/5% Issuer Cap) Index
Pursuant to the consultation announced on 17 December 2020, IHS Markit Benchmark Administration Limited (IMBA UK) will implement the proposed changes to the methodology of the iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8/5% Issuer Cap) index.
Stakeholder feedback was supportive of the proposition outlined in the consultation.
The changes will be implemented at the 31 January 2021 month-end rebalancing.
For more information please contact us at indices@ihsmarkit.com
Stakeholder feedback was supportive of the proposition outlined in the consultation.
The changes will be implemented at the 31 January 2021 month-end rebalancing.
For more information please contact us at indices@ihsmarkit.com
Jan 22 2021Restatement of the LGIM Matching Plus Indices
Kindly be advised that the LGIM Matching Plus indices have been restated as per attachment due to a fix applied for calculation of coupon payments. Please refresh your index levels to ensure that you capture any adjustments observed.
For more information please contact us at support@ihsmarkit.com
For more information please contact us at support@ihsmarkit.com
Jan 18 2021Launch of iBoxx Asian (Restricted) Indices
IHS Markit is pleased to announce the launch of iBoxx Asian (Restricted) Indices:
Ongoing Publication:
FTP Server: The index will be published through the FTP server in the below folders.
Reuters: The index levels will be published on daily basis under the RICs provided.
Bloomberg: The index levels will be published on daily basis under the BBG tickers provided.
IHS Markit Website: The index will also be published on the IHS Markit website in the same location of their corresponding existing unrestricted indices.
For more information please contact us at indices@ihsmarkit.com.
| Index Name | Version | ISIN | SEDOL | BBG Ticker | RIC |
| iBoxx USD Asia ex-Japan (Restricted) | TRI | GB00BL09QL64 | BL09QL6 | IBXXAJRT | .IBXXAJRT |
| iBoxx USD Asia ex-Japan (Restricted) | CPI | GB00BL09QM71 | BL09QM7 | IBXXAJRP | .IBXXAJRP |
| iBoxx USD Asia ex-Japan (Restricted) (Far East) | TRI | GB00BL09QN88 | BL09QN8 | IBXXAJR1 | .IBXXAJR1 |
| iBoxx USD Asia ex-Japan (Restricted) (Far East) | CPI | GB00BL09QP03 | BL09QP0 | IBXXAJF2 | .IBXXAJF2 |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) | TRI | GB00BL09QQ10 | BL09QQ1 | IBXXAJIT | .IBXXAJIT |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) | CPI | GB00BL09QR27 | BL09QR2 | IBXXAJIP | .IBXXAJIP |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) (Far East) | TRI | GB00BL09QS34 | BL09QS3 | IBXXAJI1 | .IBXXAJI1 |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) (Far East) | CPI | GB00BL09QT41 | BL09QT4 | IBXXAJI2 | .IBXXAJI2 |
| iBoxx Asian USD Dollar Bond (Restricted) | TRI | GB00BL09QV62 | BL09QV6 | IBXXADB1 | .IBXXADB1 |
| iBoxx Asian USD Dollar Bond (Restricted) | CPI | GB00BL09QW79 | BL09QW7 | IBXXADB2 | .IBXXADB2 |
| iBoxx Asian USD Dollar Bond (Restricted) (Far East) | TRI | GB00BL09QX86 | BL09QX8 | IBXXADF1 | .IBXXADF1 |
| iBoxx Asian USD Dollar Bond (Restricted) (Far East) | CPI | GB00BL09QY93 | BL09QY9 | IBXXADF2 | .IBXXADF2 |
| iBoxx ADBI High Grade (Restricted) | TRI | GB00BL09QZ01 | BL09QZ0 | IBXXADH1 | .IBXXADH1 |
| iBoxx ADBI High Grade (Restricted) | CPI | GB00BL09R026 | BL09R02 | IBXXADH2 | .IBXXADH2 |
| iBoxx ADBI High Grade (Restricted) (Far East) | TRI | GB00BL09R133 | BL09R13 | IBXXADH3 | .IBXXADH3 |
| iBoxx ADBI High Grade (Restricted) (Far East) | CPI | GB00BL09R240 | BL09R24 | IBXXADH4 | .IBXXADH4 |
Ongoing Publication:
FTP Server: The index will be published through the FTP server in the below folders.
| Index Name | FTP folder for publication | File Name |
| iBoxx USD Asia ex-Japan (Restricted) | \IBOXX_USD_ASIA\USD_ASIA_INDICES | iboxx_usd_asia_eod_indices_yyyymmdd |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) | \IBOXX_USD_ASIA\USD_ASIA_INDICES | iboxx_usd_asia_eod_indices_yyyymmdd |
| iBoxx USD Asia ex-Japan (Restricted) (Far East) | \IBOXX_USD_ASIA\USD_ASIA_INDICES | iboxx_usd_asia_fe_eod_indices_yyyymmdd |
| iBoxx USD Asia ex-Japan Investment Grade (Restricted) (Far East) | \IBOXX_USD_ASIA\USD_ASIA_INDICES | iboxx_usd_asia_fe_eod_indices_yyyymmdd |
| iBoxx Asian USD Dollar Bond (Restricted) | \IBOXX_ADBI\INDICES | iBoxx_adbi_usd_eod_indices_yyyymmdd |
| iBoxx ADBI High Grade (Restricted) | \IBOXX_ADBI\INDICES | iBoxx_adbi_usd_eod_indices_yyyymmdd |
| iBoxx Asian USD Dollar Bond (Restricted) | \IBOXX_ADBI\INDICES\SUMMARY | iboxx_adbi_usd_eod_indices_summary_yyyymmdd |
| iBoxx ADBI High Grade (Restricted) | \IBOXX_ADBI\INDICES\SUMMARY | iboxx_adbi_usd_eod_indices_summary_yyyymmdd |
| iBoxx Asian USD Dollar Bond (Restricted) | \IBOXX_ADBI\INDICES\TIME_SERIES | iboxx_adbi_usd_eod_indices_time_series_current |
| iBoxx ADBI High Grade (Restricted) | \IBOXX_ADBI\INDICES\TIME_SERIES | iboxx_adbi_usd_eod_indices_time_series_current |
| iBoxx Asian USD Dollar Bond (Restricted) | \IBOXX_ADBI\INDICES\TIME_SERIES | iboxx_adbi_usd_eod_indices_time_series_historical |
| iBoxx ADBI High Grade (Restricted) | \IBOXX_ADBI\INDICES\TIME_SERIES | iboxx_adbi_usd_eod_indices_time_series_historical |
| iBoxx Asian USD Dollar Bond (Restricted) (Far East) | \IBOXX_ADBI\INDICES | iBoxx_adbi_usd_fe_eod_indices_yyyymmdd |
| iBoxx ADBI High Grade (Restricted) (Far East) | \IBOXX_ADBI\INDICES | iBoxx_adbi_usd_fe_eod_indices_yyyymmdd |
Bloomberg: The index levels will be published on daily basis under the BBG tickers provided.
IHS Markit Website: The index will also be published on the IHS Markit website in the same location of their corresponding existing unrestricted indices.
For more information please contact us at indices@ihsmarkit.com.
Jan 18 2021Rebalance of the LGIM Core Indices
Please be informed that IHS Markit Benchmark Administration (IHSM UK) has performed the pro forma rebalance for the LGIM Core indices using the closing prices of 15 January 2021.
The final rebalance will be performed using closing prices of 22 January 2021.
Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.
The final rebalance will be performed using closing prices of 22 January 2021.
Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.
Jan 14 2021CMBX Series 14 Final Composition
Following are the finalized deals and bonds to be included in the upcoming CMBX Series 14 index that will roll on 25 January 2021.
For further information, please contact indices@ihsmarkit.com.
For further information, please contact indices@ihsmarkit.com.
Jan 14 2021CMBX Series 14 Static Data
Following are the static data for the upcoming CMBX Series 14 index that will roll on 25 January 2021.
| Index Name | CMBX.NA.AAA.14 | CMBX.NA.AS.14 | CMBX.NA.AA.14 | CMBX.NA.A.14 | CMBX.NA.BBB-.14 | CMBX.NA.BB.14 |
|---|---|---|---|---|---|---|
| Reference Entity | CMBX.NA.AAA.14 | CMBX.NA.AS.14 | CMBX.NA.AA.14 | CMBX.NA.A.14 | CMBX.NA.BBB-.14 | CMBX.NA.BB.14 |
| Index | CMBX-AAA | CMBX-AS | CMBX-AA | CMBX-A | CMBX-BBB- | CMBX-BB |
| Series | 14 | 14 | 14 | 14 | 14 | 14 |
| Markit Family | CMBX | CMBX | CMBX | CMBX | CMBX | CMBX |
| REDs Num | 137BENAN6 | 137BETAI4 | 137BEPAN1 | 137BEOAN4 | 137BERAN7 | 137BEMAM0 |
| Coupon | 50 | 100 | 150 | 200 | 300 | 500 |
| Currency | USD | USD | USD | USD | USD | USD |
| Annex Date | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 |
| Maturity Date | 12/16/2072 | 12/16/2072 | 12/16/2072 | 12/16/2072 | 12/16/2072 | 12/16/2072 |
| Initial Factor | 1 | 1 | 1 | 1 | 1 | 1 |
| Effective Date | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 | 1/25/2021 |
| Payment First Date | 2/25/2021 | 2/25/2021 | 2/25/2021 | 2/25/2021 | 2/25/2021 | 2/25/2021 |
| Frequency | 1 Month | 1 Month | 1 Month | 1 Month | 1 Month | 1 Month |
| Short Stub | N | N | N | N | N | N |
Jan 13 2021Changes to methodology of the iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index
Please be advised that effective 11th January 2020, IHS Markit Benchmark Administration Limited (IMBA UK) is making changes to the methodology of the iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index. In particular the following changes will be implemented:
Bond Selection
The minimum amount outstanding for eligible bonds will increase from $500 million to $1 billion.
Fundamental Score Calculation
The 9 factor z-scores were previously equal weighted:
Now 50 % will be attributed to the ESG governance z-score and 50% to the average of the remaining 8 fundamental z-scores:
The Z-score cap changes from a range of +/- 3 to a range of +/-2.
Country Weight Calculation
The country weight calculation will be determined 3 business days prior to the quarterly rebalancing month and the bond notionals are fixed at the same time. Before, the weights and bond notionals were finalized on the last business day prior to the quarterly rebalancing month.
Once implemented, index levels will be republished from the start date of the index history.
Should you have any questions, please contact us at indices@ihsmarkit.com
Bond Selection
The minimum amount outstanding for eligible bonds will increase from $500 million to $1 billion.
Fundamental Score Calculation
The 9 factor z-scores were previously equal weighted:
Now 50 % will be attributed to the ESG governance z-score and 50% to the average of the remaining 8 fundamental z-scores:
Country Weight Calculation
The country weight calculation will be determined 3 business days prior to the quarterly rebalancing month and the bond notionals are fixed at the same time. Before, the weights and bond notionals were finalized on the last business day prior to the quarterly rebalancing month.
Once implemented, index levels will be republished from the start date of the index history.
Should you have any questions, please contact us at indices@ihsmarkit.com
Jan 13 2021Markit CDX IG Consultation Update
IHS Markit has determined not to include Swap Dealers with liquid CDS traded on them within CDX IG for the March 2021 Roll. Several CDX IG Index Advisory Committee Members and market participants expressed concern on their inclusion for the upcoming roll. IHS Markit will continue to consult with the CDX IG Index Advisory Committee to assess whether this change should be revisited for September 2021.
For more information please email cdxadvisory@ihsmarkit.com.
For more information please email cdxadvisory@ihsmarkit.com.
Jan 12 2021Restatement of the UBS Global Quality Dividend Indices
Kindly be advised that the below indices have been restated for 08 January 2021 and 11 January 2021 due to an update in an underlying rebalance input. Please refresh your index levels to ensure that you capture any adjustments observed.
For more information please contact us at support@ihsmarkit.com
| Ticker | Index Name | Index Family | Date | Prior Level | New Level |
| MBCIGQ6U | UBS Global Quality Dividend Payers T6 Index ER USD | UBS Global Quality Dividend | 20210108 | 203.61 | 203.62 |
| MBCIGQDC | UBS Global Quality Dividend Payers Net Total Return (CHF) | UBS Global Quality Dividend | 20210108 | 301.78 | 301.81 |
| MBCIGQDP | UBS Global Quality Dividend Payers Net Total Return (EUR) | UBS Global Quality Dividend | 20210108 | 448.61 | 448.65 |
| MBCIGQDU | UBS Global Quality Dividend Payers Net Total Return (USD) | UBS Global Quality Dividend | 20210108 | 414.65 | 414.69 |
| MBCIGQEU | UBS Global Quality Dividend Payers Index Long Only Excess Return USD | UBS Global Quality Dividend | 20210108 | 300.01 | 300.04 |
| MBCIGSEU | UBS Global Quality Dividend Payers Index Long Short Excess Return USD | UBS Global Quality Dividend | 20210108 | 139.93 | 139.94 |
| MBCIGQ6U | UBS Global Quality Dividend Payers T6 Index ER USD | UBS Global Quality Dividend | 20210111 | 203.53 | 203.50 |
| MBCIGQDC | UBS Global Quality Dividend Payers Net Total Return (CHF) | UBS Global Quality Dividend | 20210111 | 304.69 | 304.55 |
| MBCIGQDP | UBS Global Quality Dividend Payers Net Total Return (EUR) | UBS Global Quality Dividend | 20210111 | 452.58 | 452.37 |
| MBCIGQDU | UBS Global Quality Dividend Payers Net Total Return (USD) | UBS Global Quality Dividend | 20210111 | 414.68 | 414.49 |
| MBCIGQEU | UBS Global Quality Dividend Payers Index Long Only Excess Return USD | UBS Global Quality Dividend | 20210111 | 300.01 | 299.87 |
| MBCIGSEU | UBS Global Quality Dividend Payers Index Long Short Excess Return USD | UBS Global Quality Dividend | 20210111 | 141.24 | 141.18 |
For more information please contact us at support@ihsmarkit.com
Jan 12 2021iTraxx Asia ex-Japan IG (Restricted) Indices Details
Following the previous announcement relating to launch of iTraxx Asia ex-Japan IG (Restricted) indices, IHS Markit has now published RED Codes and Annexes for all new index series.
The new index series will be available for trading from Thursday, 14th January 2021 onward.
The updated iTraxx Asia ex-Japan Index Rulebook and the new sub-index annexes can now be downloaded via the iTraxx documentation webpage. Below are the RED Codes for the new sub-index series for reference:
The new index series will be available for trading from Thursday, 14th January 2021 onward.
The updated iTraxx Asia ex-Japan Index Rulebook and the new sub-index annexes can now be downloaded via the iTraxx documentation webpage. Below are the RED Codes for the new sub-index series for reference:
| New Sub Index Series | Index Red Codes |
|---|---|
| iTraxx Asia ex-Japan IG (Restricted) Series 25 Version 1 | 4ABCATAA9 |
| iTraxx Asia ex-Japan IG (Restricted) Series 26 Version 1 | 4ABCATAB7 |
| iTraxx Asia ex-Japan IG (Restricted) Series 27 Version 1 | 4ABCATAC5 |
| iTraxx Asia ex-Japan IG (Restricted) Series 28 Version 1 | 4ABCATAD3 |
| iTraxx Asia ex-Japan IG (Restricted) Series 29 Version 1 | 4ABCATAE1 |
| iTraxx Asia ex-Japan IG (Restricted) Series 30 Version 1 | 4ABCATAF8 |
| iTraxx Asia ex-Japan IG (Restricted) Series 31 Version 1 | 4ABCATAG6 |
| iTraxx Asia ex-Japan IG (Restricted) Series 32 Version 1 | 4ABCATAH4 |
| iTraxx Asia ex-Japan IG (Restricted) Series 33 Version 1 | 4ABCATAI2 |
| iTraxx Asia ex-Japan IG (Restricted) Series 34 Version 1 | 4ABCATAJ0 |
Jan 11 2021Announcement: Launch of iTraxx Asia ex-Japan IG (Restricted) Indices
Please find below the announcement for iTraxx Asia ex-Japan indices impacted by the US Sanction pursuant to Executive Order 13959.
For more information please contact us at itraxxadvisory@ihsmarkit.com
For more information please contact us at itraxxadvisory@ihsmarkit.com
Jan 08 2021Halifax House Price Index - January 2021 Press Release
Halifax House Price Index - January 2021 Press Release is now available
Jan 08 2021CMBX Series 14 Proposed List
Following are the provisional deals and bonds expected for the upcoming CMBX Series 14 index that will roll on 25 January 2021. To note, IHS Markit is consulting with market participants on the suitability of inclusions.
For further information, please contact indices@ihsmarkit.com.
For further information, please contact indices@ihsmarkit.com.
Jan 07 2021Rebalance of the First Republic Founder Indices
Please be informed that IHS Markit Benchmark Administration Limited (“IHSMBAL”) has performed the pro forma rebalance for the First Republic Founder Indices (FRCFDR & FRCFDRP) using the closing prices of 31 December 2020. The pro forma rebalance is available upon request.
The final rebalance will be performed on 15 January 2021 to be effective at the open of 19 January 2021 and can likewise be requested at that time.
Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.
The final rebalance will be performed on 15 January 2021 to be effective at the open of 19 January 2021 and can likewise be requested at that time.
Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.
Jan 07 2021Consultation on iTraxx indices impacted by the US Sanction pursuant to Executive Order 13959
Pursuant to the Executive Order (EO 13959) signed by the President of the United States of America on Thursday, 12 November 2020, U.S. Persons are prohibited from transacting in securities of certain Chinese companies listed in the Executive Order. The executive order comes into force on 11 January 2021, with an initial 35 entities that have been listed in the order as per 22 December 2020, with the possibility of entities being added to the list in future. Divestment of existing holdings is required by November 2021.
IHS Markit has identified constituents of active iTraxx Asia ex-Japan and iTraxx Crossover indices that may be impacted by this Executive Order. In light of this, IHS Markit is consulting with the iTraxx Asia ex-Japan and iTraxx Europe Index Advisory Committees to review potential options for existing and upcoming index series. IHS Markit will outline course of action for each of the impacted indices in due course.
Any feedback from market participants is welcome – please send feedback/queries to itraxxadvisory@ihsmarkit.com.
IHS Markit has identified constituents of active iTraxx Asia ex-Japan and iTraxx Crossover indices that may be impacted by this Executive Order. In light of this, IHS Markit is consulting with the iTraxx Asia ex-Japan and iTraxx Europe Index Advisory Committees to review potential options for existing and upcoming index series. IHS Markit will outline course of action for each of the impacted indices in due course.
Any feedback from market participants is welcome – please send feedback/queries to itraxxadvisory@ihsmarkit.com.
View Next 20