The iTraxx Asia ex-Japan Series 32 Final List has been published. Please find below an explanation of revisions made by IHS Markit since publication of the iTraxx Asia ex-Japan Series 32 Provisional List. AGRICULTURAL BANK OF CHINA LIMITED (AGRBLT)
Following further review, IHS Markit has decided to not include AGRBLT in Series 32. Notwithstanding the fact that AGRBLT qualifies for inclusion via the Liquidity List Criteria, given its low CDS liquidity and debt outstanding, IHS Markit has determined it appropriate to not include AGRBLT in Series 32. IHS Markit will, ahead of the March roll of the Index, review the Liquidity List Criteria and consult on any potential changes. CHINA OVERSEAS LAND & INVESTMENT LIMITED (COLI)
Following further review, to remain in spirit of the iTraxx Asia ex-Japan rule changes
implemented in July to better align the Index with the cash bond market, IHS Markit has decided to not include COLI as it is the seventh new entity to be included from the currently underweight China Market. In order to balance the Market-Sector profile changes from one series to another, IHS Markit has deemed appropriate to include an entity from a different underweight Market.