IHS Markit Benchmark Administration Ltd. (IMBA UK) is performing cessations of immaterial indices on a quarterly basis. Immaterial index cessations include (but are not limited to):
• The termination of a small number of indices (as determined by the Business), that have no notional of use at termination date and the relevant benchmark family or benchmark strategy/series (for third party benchmarks) continues to exist after cessation.
• The demise of an index due to its life cycle coming to an end (e.g. a fixed income index terminating due to the maturity of its underlying bond inputs).
• Cancellations of duplicate benchmarks as a result of a periodic review (e.g. a duplicate index is ceased with the user being seamlessly migrated to the surviving index).
IMBA UK is not aware of any active use of the indices in the file below as reference in financial instruments or for performance measurement.
In line with IMBA UK Change and Cessation policy, IMBA UK informs the public that the attached indices will be discontinued on 30 November 2023
, unless stated otherwise.
Clients and other stakeholders are invited to review the indices and provide feedback on the cessation. The feedback window will be open through 23 November 2023
Please let us know if you have any concerns regarding IMBA UK’s planned cessations of the attached immaterial indices.
For more information, please contact us at email@example.com