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IBOXIG Markit iBoxx $ Liquid Investment Grade Index

The Index is composed of U.S. dollar-denominated, investment grade corporate bonds. The Index is designed to provide a broad representation of the U.S. dollar denominated liquid investment-grade corporate bond market. Bonds eligible for inclusion in the Index consist of U.S. dollar-denominated corporate bonds that: (i) are issued by companies domiciled in countries classified as developed markets; (ii) have an average rating of investment grade; (iii) are from issuers with at least $2 billion outstanding face value; (iv) have at least $750 million of outstanding face value; (v) have at least three years to maturity; and (vi) have at least three years and 6 months to maturity for new index insertions. The Index is a modified market-value weighted index with a cap on each issuer of 3%. There is no limit to the number of issues in the Index.

As of 12/11/2015

Index Information
Provider:     Markit
Category1:  US Fixed Income
Category2:  Corporate bonds
Category3:  Investment grade
Country:      USA
Currency:    USD
Inception date:  11/19/2018
Backtesting data exists:  
Weighting methodology:   Market capitalization
Number of holdings:  1,823  (as of 02/28/2018)

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