Jan 28 2021
    Reminder: 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

    Jan 27 2021
    Updated 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 22 2021
    Announcement: 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.

    Jan 22 2021
    IHS 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.

    Jan 22 2021
    Result 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

    Jan 18 2021
    Launch of iBoxx Asian (Restricted) Indices

    IHS Markit is pleased to announce the launch of iBoxx Asian (Restricted) Indices:

    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
    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.

    Jan 13 2021
    Changes 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

    Jan 04 2021
    Updated List of Private Placements

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

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