Jun 03 2020
    Consultation on the update to the capping methodology for the iBoxx GBP Corporates Maturing Custom Indices

    IHS Markit is conducting a consultation regarding a configuration update for the iBoxx GBP Corporates Maturing Custom Indices. Clients and other stakeholders are invited to review the consultation document and provide feedback on the proposed changes.

    For more information, please contact us at indices@ihsmarkit.com.

    Jun 01 2020
    Updated List of Private Placements

    IHS Markit has identified additional Private Placement issues. The bonds have been added to the attached lists.

    For more information please contact us at indices@ihsmarkit.com

    May 29 2020
    Rebalance of the AQR-UBS Style Premia Global Equity Indices

    Please be advised that IHS Markit Benchmark Administration (IMBA) is implementing the rebalance of the below AQR-UBS Style Premia Global Equity Indices based on the weight determination provided by AQR Capital Management L.L.C.

    INDEX TICKER INDEX NAME
    UISEAGLT AQR-UBS Style Premia Global Equity Index Long Only Total Return (USD)
    UISEAGLE AQR-UBS Style Premia Global Equity Index Long Only Excess Return (USD)
    UISEAGHE AQR-UBS Style Premia Global Equity Index Benchmark-hedged Excess Return (USD)

    The rebalance will be implemented over three relevant trading days on 02 June 2020, 03 June 2020 and 04 June 2020.

    Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.

    May 29 2020
    Name Change for iBoxx EUR High Yield & iBoxx GBP High Yield Indices

    IHS Markit will change the name of a number of iBoxx EUR High Yield and iBoxx GBP High Yield indices. The name changes are being implemented to align the indices to the general iBoxx index naming convention. The attached file shows the current index name and the new index name which will come into effect on 1 July 2020. The ISIN and ticker identifiers for each index will not change.

    For more information please contact us at indices@ihsmarkit.com

    May 28 2020
    Rebalance of the Nordea Danish Bond Indices

    Please be informed that IHS Markit Benchmark Administration (IMBA UK) has performed the rebalance for the attached Nordea Danish Bond Indices using the closing prices of 28/05/2020.

    The rebalance will be implemented on 29/05/2020.

    Should you have any questions or would like further information, please contact us at support@ihsmarkit.com.

    May 28 2020
    Rebalance of the UBS Europe Value 20 Index

    Please be informed that IHS Markit Benchmark Administration Limited (“IHSMBAL”) has performed the pro forma rebalance for the UBS Europe Value 20 Index (MBCIEV20) using the closing prices of 28 May, 2020. The pro forma rebalance is available upon request.

    The final rebalance will be performed on 29 May, 2020, to be effective at the open of 01 June, 2020 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.

    May 28 2020
    Result of consultation on the update to the methodology for the Markit iBoxx EUR FRN Investment Grade 3-7 Index

    Pursuant to the consultation announced on 15 May 2020, IHS Markit Benchmark Administration Limited (IMBA) will implement the proposed changes. The minimum amount outstanding as of the bond selection cut-off date will be reduced from EUR 750 million to EUR 500 million. Also, the current capping rules within the methodology will be replaced with a UCITS-type “5/10/40” rule, in order to improve robustness of the index.

    The “5/10/40” rules requires that no more than 5% of the index weight be allocated to a single issuer. However, the limit for an issue can be up to 10% per issue provided that the total value of all issuer holdings in excess of 5% do not exceed 40% of the index.

    The changes will be implemented at the 31 May 2020 month-end rebalancing. Changes to the affected indices will be reflected in the forward files accordingly.


    For more information please contact us at indices@ihsmarkit.com


    May 27 2020
    Update on the implementation of the remaining changes announced in the iBoxx 2019 Annual Index Reviews

    Further to the announcement made on 31 March 2020, entitled “Implementation delay for upcoming changes announced as part of the iBoxx 2019 Annual Index Reviews”, the remaining changes will now be implemented at the July month-end rebalancing.


    The particular scheduled changes are:

    · Classification schema changes for the Asian, European and North American indices
    · The alignment of subordinated bank debt classifications with Basel III definitions for the European and North American indices
    · The re-categorization of ‘hybrid’ bond definitions to better align with market standards for the European and North American indices



    For more information please contact us at indices@ihsmarkit.com



    May 27 2020
    New versions of Markit Indices issued due to Credit Event on THE HERTZ CORPORATION

    Following the confirmation of a Bankruptcy Credit Event on THE HERTZ CORPORATION, new versions of all affected Markit CDX indices have been issued with an annex date of 27th May 2020. Below are the new indices along with their corresponding RED Index Code:

    Index Name Index RED Code
    CDX.NA.HY.14-V21 2I65BRXC9
    CDX.NA.HY.15-V20 2I65BRXD7
    CDX.NA.HY.16-V20 2I65BRXE5
    CDX.NA.HY.17-V21 2I65BRWN6
    CDX.NA.HY.18-V18 2I65BRXF2
    CDX.NA.HY.19-V17 2I65BRXG0
    CDX.NA.HY.20-V17 2I65BRXH8
    CDX.NA.HY.21-V17 2I65BRWO4
    CDX.NA.HY.22-V17 2I65BRWP1
    CDX.NA.HY.23-V16 2I65BRWQ9
    CDX.NA.HY.24-V15 2I65BRWR7
    CDX.NA.HY.25-V14 2I65BRWS5
    CDX.NA.HY.26-V13 2I65BRWT3
    CDX.NA.HY.27-V14 2I65BRWV8
    CDX.NA.HY.28-V12 2I65BRWW6
    CDX.NA.HY.29-V12 2I65BRWU0
    CDX.NA.HY.30-V12 2I65BRWZ9
    CDX.NA.HY.31-V12 2I65BRWY2
    CDX.NA.HY.32-V10 2I65BRXA3
    CDX.NA.HY.33-V9 2I65BRXB1
    CDX.NA.HY.34-V6 2I65BRWX4
    CDX.NA.HY.B.24-V6 2I65BSGX0
    CDX.NA.HY.B.25-V5 2I65BSGY8
    CDX.NA.HY.B.26-V7 2I65BSGZ5
    CDX.NA.HY.B.27-V9 2I65BSGP7
    CDX.NA.HY.B.28-V7 2I65BSGO0
    CDX.NA.HY.B.29-V8 2I65BSGQ5
    CDX.NA.HY.B.30-V8 2I65BSGT9
    CDX.NA.HY.B.31-V7 2I65BSGV4
    CDX.NA.HY.B.32-V7 2I65BSGW2
    CDX.NA.HY.B.33-V4 2I65BSGR3
    CDX.NA.HY.B.34-V3 2I65BSGS1
    CDX.NA.HY.Ex-BB.34-V6 1D765OAF0

    May 27 2020
    Restatement of the Markit iBoxx USD Liquid Investment Grade Ultrashort Index

    Please be advised that due to the incorrect redemption treatment for bond US06050TML34 - Bank of America Corp - 2.87338% - 5/24/2021 the following files have been restated.

    /IBOXX_CUSTOM_INDICES/B130802/INDICES
    iboxx_B130802_usd_lq_ig_UltraShort_eod_indices_20200526.csv

    /IBOXX_CUSTOM_INDICES/B130802/UNDERLYINGS
    iboxx_B130802_usd_lq_ig_UltraShort_eod_underlyings_20200526.csv


    The newly published files are now available on our FTP server.

    For more information, please contact us at indices@ihsmarkit.com

    May 19 2020
    New versions of Markit Indices issued due to Credit Event on J. C. Penney Company, Inc.

    Following the confirmation of a Bankruptcy Credit Event on J. C. Penney Company, Inc., new versions of all affected Markit CDX indices have been issued with an annex date of 19th May 2020. Below are the new indices along with their corresponding RED Index Code:

    Index Name Index RED Code
    CDX.NA.HY.20-V16 2I65BRWL0
    CDX.NA.HY.21-V16 2I65BRWM8
    CDX.NA.HY.22-V16 2I65BRVY3
    CDX.NA.HY.23-V15 2I65BRVZ0
    CDX.NA.HY.24-V14 2I65BRWA4
    CDX.NA.HY.25-V13 2I65BRWB2
    CDX.NA.HY.26-V12 2I65BRWC0
    CDX.NA.HY.27-V13 2I65BRWF3
    CDX.NA.HY.28-V11 2I65BRWD8
    CDX.NA.HY.29-V11 2I65BRWJ5
    CDX.NA.HY.30-V11 2I65BRWG1
    CDX.NA.HY.31-V11 2I65BRWK2
    CDX.NA.HY.32-V9 2I65BRWH9
    CDX.NA.HY.33-V8 2I65BRWI7
    CDX.NA.HY.34-V5 2I65BRWE6
    CDX.NA.HY.B.26-V6 2I65BSGN2
    CDX.NA.HY.B.27-V8 2I65BSFY9
    CDX.NA.HY.B.28-V6 2I65BSFX1
    CDX.NA.HY.B.29-V7 2I65BSFZ6
    CDX.NA.HY.B.30-V7 2I65BSGK8
    CDX.NA.HY.B.31-V6 2I65BSGL6
    CDX.NA.HY.B.32-V6 2I65BSGM4
    CDX.NA.HY.Ex-BB.34-V5 1D765OAE3

    May 18 2020
    New versions of Markit Indices issued due to Credit Event on Intelsat Investments S.A.

    Following the confirmation of a Bankruptcy Credit Event on Intelsat Investments S.A., new versions of all affected Markit CDX indices have been issued with an annex date of 18th May 2020. Below are the new indices along with their corresponding RED Index Code:

    Index Name Index RED Code
    CDX.NA.HY.14-V20 2I65BRVR8
    CDX.NA.HY.15-V19 2I65BRVS6
    CDX.NA.HY.16-V19 2I65BRVT4
    CDX.NA.HY.17-V20 2I65BRVX5
    CDX.NA.HY.18-V17 2I65BRVU1
    CDX.NA.HY.19-V16 2I65BRVV9
    CDX.NA.HY.20-V15 2I65BRVW7

    May 15 2020
    Rebalance 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 14 May 2020.

    The final rebalance will be performed using closing prices of 21 May 2020.

    Should you have any questions or would like to request rebalance information, please contact us at support@ihsmarkit.com.

    May 15 2020
    IHS Markit Consultation on the update to the methodology for the Markit iBoxx EUR FRN Investment Grade 3-7 Index

    As per the notice posted on 1 May 2020, the consultation period for changes to the methodology of the Markit iBoxx EUR FRN Investment Grade 3-7 Index is now open. Please find attached the consultation paper outlining the proposal.

    For more information please contact us at indices@ihsmarkit.com

    May 08 2020
    New versions of Markit Indices issued due to Credit Event on The Neiman Marcus Group LLC

    Following the confirmation of a Bankruptcy Credit Event on The Neiman Marcus Group LLC, new versions of all affected Markit CDX indices have been issued with an annex date of 8th May 2020. Below are the new indices along with their corresponding RED Index Code:

    Index Name Index RED Code
    CDX.NA.HY.14-V19 2I65BRVE7
    CDX.NA.HY.15-V18 2I65BRVF4
    CDX.NA.HY.16-V18 2I65BRVG2
    CDX.NA.HY.17-V19 2I65BRVK3
    CDX.NA.HY.18-V16 2I65BRVH0
    CDX.NA.HY.19-V15 2I65BRVI8
    CDX.NA.HY.20-V14 2I65BRVJ6
    CDX.NA.HY.21-V15 2I65BRVL1
    CDX.NA.HY.22-V15 2I65BRVM9
    CDX.NA.HY.23-V14 2I65BRVN7
    CDX.NA.HY.24-V13 2I65BRVO5
    CDX.NA.HY.25-V12 2I65BRVP2
    CDX.NA.HY.26-V11 2I65BRVQ0
    CDX.NA.HY.27-V12 2I65BRUX6
    CDX.NA.HY.28-V10 2I65BRUY4
    CDX.NA.HY.29-V10 2I65BRUW8
    CDX.NA.HY.30-V10 2I65BRVB3
    CDX.NA.HY.31-V10 2I65BRVA5
    CDX.NA.HY.32-V8 2I65BRVC1
    CDX.NA.HY.33-V7 2I65BRVD9
    CDX.NA.HY.34-V4 2I65BRUZ1
    CDX.NA.HY.B.24-V5 2I65BSFU7
    CDX.NA.HY.B.25-V4 2I65BSFV5
    CDX.NA.HY.B.26-V5 2I65BSFW3
    CDX.NA.HY.B.27-V7 2I65BSFT0
    CDX.NA.HY.Ex-BB.34-V4 1D765OAD5

    May 08 2020
    IHS Markit Notification of upcoming correction to iBoxx USD Liquid Investment Grade Top 30 Index

    The existing index methodology states that after a bond completes the 12 months minimum run in the index, it is excluded from the index if its expected remaining life (ERL) is below two (2) years (Chapter 2.3 and 2.7, Index Guide).

    Due to a configuration error uncovered by IMBA, the composition of the iBoxx USD Liquid Investment Grade Top 30 index has led to the retention of several bonds which have completed the minimum run and have an expected remaining life below two (2) years.

    Given number of securities affected in the current index composition, the impact on fully rectifying the components in the upcoming quarterly rebalancing at the end May 2020 would lead to a significant turnover in the index constituents. IHSM will therefore remedy the discrepancy on a going forward basis and temporarily deviate from the existing iBoxx methodology for the upcoming rebalancing at the end of May to manage the turnover in relation to these specific securities only. Further details are provided below.

    IHSM has separately conducted a review since the discovery of the configuration issue and this has been addressed internally to prevent similar discrepancies from arising in the future.

    Please find further details regarding this notification here.


    May 07 2020
    Halifax House Price Index - May 2020 Press Release

    Halifax House Price Index - May 2020 Press Release is now available

    May 06 2020
    Restatement of the UBS Beta Index

    Kindly be advised that the below UBS Beta index has been restated for 05 May 2020 due to an update in a corporate action input. Please refresh your index levels to ensure that you capture any adjustments observed.

    Ticker Index Name Index Family Date Prior Level New Level
    MBCIKCE UBS Key Calls Index UBS Beta 20200505 157.91 157.73

    For more information please contact us at support@ihsmarkit.com

    May 06 2020
    Termination of the AQR-UBS Style Premia Global Equity Index Benchmark-hedged T5 Excess Return Index - Confirmation

    As previously announced here, please be informed that today (06 May 2020) IHS Markit Benchmark Administration Limited will cease calculation and administration of the below index.


    Customer Family Index Name Asset Class Bloomberg Index Code
    UBS AQR AQR-UBS Style Premia Global Equity Index Benchmark-hedged T5 Excess Return (USD) Equity UISEAGH5


    The last calculation date will be 05 May 2020.

    Should you have any questions, please contact us at support@ihsmarkit.com.

    May 06 2020
    Restatement of the UBS Treasury Indices

    Kindly be advised that the below UBS Treasury indices have been restated for 05 May 2020 due to an update in an underlying data point. Please refresh your index levels to ensure that you capture any adjustments observed.

    Ticker Index Name Index Family Date Prior Level New Level
    MLTAI10D UBS 10Y Italian Bond Daily Total Return Index UBS Treasury 20200505 192.95 190.84
    MLTAI10E UBS 10Y Italian Bond Excess Return Index UBS Treasury 20200505 192.89 190.78


    For more information please contact us at support@ihsmarkit.com
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