With respect to the March 2021 index roll, IHS Markit consulted with the iTraxx Asia ex-Japan Index Advisory Committee regarding the inclusion of entities impacted by the current United States Executive Order 13959 in the upcoming iTraxx Asia ex-Japan Series 35. Following review of feedback from the iTraxx Asia ex-Japan Index Advisory Committee and other market participants, IHS Markit has determined that the inclusion of entities that may be impacted by the Executive Order can potentially be harmful for the liquidity of iTraxx Asia ex-Japan index. Therefore, IHS Markit will exclude such entities from iTraxx Asia ex-Japan Series 35 due to be launched in March 2021.
As per the announcement on 11th January 2021
, IHS Markit launched the iTraxx Asia ex-Japan (Restricted) sub-indices of iTraxx Asia ex-Japan indices that excluded the entities deemed or expected to be impacted by the sanctions. Consequent from above, IHS Markit will not publish the iTraxx Asia ex-Japan (Restricted) Series 35 sub-index.
IHS Markit will continue to monitor for any updates in relation to these sanctions, and also look to amend the iTraxx Asia ex-Japan Index Rules in due course to account for such considerations in future.
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