Description

This index is designed to track the financial performance of covered bonds denominated in Euros. It provides broad exposure across the entire yield curve, incorporating bonds with a minimum of three years remaining until maturity and those that are no older than two years since their original issuance. Only investment-grade securities are eligible, and each bond must possess a minimum outstanding value of €1 billion. To maintain diversification, no single issuer's contribution to the index can exceed 20%, and the collective weight of all issuers individually surpassing 5% is also limited to 20%. Comprehensive information about this index and the general methodology for Markit iBoxx indices can be found on the Markit iBoxx website: https://www.markit.com.