Markit reflects bank bond evolution with new CDS index roll

By Tyler Davies
20 Sep 2017

IHS Markit issued series 28 of the iTraxx Europe indices on Wednesday, including UK and Swiss banks at the holding company level for the first time.

Barclays, HSBC, ING, Lloyds, Royal Bank of Scotland, Standard Chartered and UBS are the names affected by the changes to the index. Credit Suisse was already included at holding company level.

The new roll will better reflect the composition of the modern market ...

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