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.
31.40
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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