Markit, a leading, global financial information services company and owner of the Markit iTraxx indices, today announced that the Markit iTraxx Europe indices will roll into their thirteenth series on March 22 2010.
The following changes have been made to the Markit iTraxx Europe family of indices:
– Two constituents were replaced in the Markit iTraxx Europe Main index.
– Three constituents were replaced in the Markit iTraxx Europe Crossover index.
– Seven constituents were replaced in the Markit iTraxx Europe HiVol index
Markit iTraxx Europe Main, HiVol and Crossover | |
---|---|
Series 13 vs Series 12 | |
IN | OUT |
Markit iTraxx Europe Main | |
Autos and Industrials | |
Compagnie Financiere Michelin | Aktiebolaget Volvo |
Consumers | |
IMPERIAL TOBACCO GROUP PLC | ACCOR |
IN | OUT |
Markit iTraxx Europe HiVol | |
Compagnie Financiere Michelin | ACCOR |
EDP – Energias De Portugal, S.A. | Aktiebolaget Volvo |
FINMECCANICA S.P.A. | Bayerische Motoren Werke Aktiengesellschaft |
HELLENIC TELECOMMUNICATIONS ORGANISATION SOCIETE ANONYME | CASINO GUICHARD-PERRACHON |
IMPERIAL TOBACCO GROUP PLC | Svenska Cellulosa Aktiebolaget SCA |
J SAINSBURY plc | TELENOR ASA |
Portugal Telecom International Finance B.V. | VEOLIA ENVIRONMENT |
IN | OUT |
Markit iTraxx Europe Crossover | |
Aktiebolaget Volvo | Clariant AG |
FCE BANK PLC | PERNOD RICARD |
SOL MELIA, SOCIEDAD ANONIMA | Porsche Automobil Holding SE |
Coupons and recovery rates
Years | Maturity | Coupon bps | Recovery Rate % | |
---|---|---|---|---|
Markit iTraxx Europe Main |
3 |
20-Jun-13 20-Jun-15 20-Jun-17 20-Jun-20 |
100 100 100 100 |
40 |
Markit iTraxx Europe Non-Financial |
5 10 |
20-Jun-15 20-Jun-20 |
100 100 |
40 |
Markit iTraxx Europe Senior Financials | 5 10 |
20-Jun-15 20-Jun-20 |
100 100 |
40 |
Markit iTraxx Europe Sub Financials | 5 10 |
20-Jun-15 20-Jun-20 |
100 100 |
20 |
Markit iTraxx Europe HiVol |
3 |
20-Jun-13 20-Jun-15 20-Jun-17 20-Jun-20 |
100 100 100 100 |
40 |
Markit iTraxx Europe Crossover |
3 |
20-Jun-13 20-Jun-15 20-Jun-17 20-Jun-20 |
500 500 500 500 |
40 |