Hang Seng Markit iBoxx Offshore RMB Bond Index Rules 3| 1 Hang Seng Markit iBoxx Offshore RMB Bond Index The Hang Seng Markit iBoxx Offshore RMB Bond Index family (“HSM iBoxx”) is designed to reflect the performance of debt denominated in Chinese Yuan but issued and settled offshore. iBoxx indices. Independent and transparent coverage of the global bond markets. iBoxx indices offer broad benchmarking and liquid tradable index solutions that track bond markets globally. iBoxx are independent bond indices which are based on multi-source pricing for improved accuracy. Markit is a leading global diversified provider of financial information services providing products that enhance transparency, reduce risk and improve operational efficiency

The index rules offer broad coverage of the global bond universe and maintain minimum standards of investability and liquidity. These indices include a wide  rule changes. This document covers the index rules and calculation methodology . 1.1 Index family structure. The Markit iBoxx EUR Liquid Diversified index  METHODOLOGY. Between Februrary and April 2016, most commonly those tied to Markit's iBoxx bond indices—are bilateral contracts which have seen  Corporate Bond Index and Markit iBoxx EUR Liquid. Corporates Large Cap index are subject to a minimum time to maturity rule of 1 year. Index Rebalancing. Dec 7, 2019 This document covers the index rules and calculation methodology. 1.1 Index governance. In order to ensure the independence and the  Apr 8, 2014 iBoxx Liquid Investment Grade Index bonds, labeled as “HQLA” for illustration described in the document 'Markit iBoxx Pricing Rules'. Feb 17, 2020 The Index uses multi-source prices as described in the document Markit iBoxx Pricing Rules publicly available on www.ihsmarkit.com.

Total Return Index Clean Price Index Nominal Total Return Index Nominal Clean Price Index Real Total Return Index Real Clean Price Index IBOXPHA5 DE0005995393 IYQC.IYQC IYQD.IYQD DE0005995468 DE0005995476 IYQK.IYQK IYQL.IYQL DE0005995542 DE0005995559 IYQT.IYQT IYQU.IYQU DE0005995401 DE0005995419 IYQE.IYQE IYQF.IYQF DE0005995484 DE0005995492

ETFs linked to transparent iBoxx indices provide a transparent, cost effective way to gain exposure to different segments of the global bond market. Instead of purchasing hundreds of bonds, investors purchase a single ETF which trades actively on an exchange. iBoxx rules-based methodologies are publicly disclosed and designed to be replicable. iBoxx indices are priced based on multiple data inputs. The Markit iBoxx ABF indices use multi-source prices as described in the document “Markit iBoxx Pricing Rules” publically available on www.ihsmarkit.com. Additionally, the index rules and their application will be governed by the Asian iBoxx Oversight Committee. The index rules aim to offer a broad coverage of the EUR bond universe, whilst upholding minimum standards of investability and liquidity. The indices are an integral part of the global Markit iBoxx index families, which provide the marketplace with accurate and objective Markit iBoxx USD Benchmark Index Guide 1 1. Markit iBoxx USD Benchmark Indices The Markit iBoxx USD Index family is designed to reflect the performance of USD denominated investment grade debt. The index rules aim to offer a broad coverage of the USD bond universe, whilst upholding minimum standards of investability and liquidity.

International Index Company (IIC) encompasses the credit derivative, fixed income and FX index businesses within the Markit group. IIC manages and administers the Markit iBoxx bond, Markit iTraxx credit derivative and the Markit iBoxxFX currency indices.

The index rules aim to offer a broad coverage of the EUR bond universe, whilst upholding minimum standards of investability and liquidity. The indices are an integral part of the global Markit iBoxx index families, which provide the marketplace with accurate and objective Markit iBoxx USD Benchmark Index Guide 1 1. Markit iBoxx USD Benchmark Indices The Markit iBoxx USD Index family is designed to reflect the performance of USD denominated investment grade debt. The index rules aim to offer a broad coverage of the USD bond universe, whilst upholding minimum standards of investability and liquidity.

Dec 7, 2019 This document covers the index rules and calculation methodology. 1.1 Index governance. In order to ensure the independence and the 

iBoxx indices. 2 Building Bond Indices The purpose of a bond index appears simple; through a single instrument bond indices can offer exposure to a large and diverse market. Total Return Index Clean Price Index Nominal Total Return Index Nominal Clean Price Index Real Total Return Index Real Clean Price Index IBOXPHA5 DE0005995393 IYQC.IYQC IYQD.IYQD DE0005995468 DE0005995476 IYQK.IYQK IYQL.IYQL DE0005995542 DE0005995559 IYQT.IYQT IYQU.IYQU DE0005995401 DE0005995419 IYQE.IYQE IYQF.IYQF DE0005995484 DE0005995492 Any omissions from this list should be notified to iBoxx@markit.com Index rules are publically available and can be found here for the benchmark indices and here for the liquid indices. International Index Company (IIC) encompasses the credit derivative, fixed income and FX index businesses within the Markit group. IIC manages and administers the Markit iBoxx bond, Markit iTraxx credit derivative and the Markit iBoxxFX currency indices. Benchmark (%) Index: Markit iBoxx USD Liquid High Yield Index: 14.65 6.29 5.63 6.83 6.11 After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 11.89 3.68 2.72 3.89 2.95 After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 8.37 3.53 2.78 3.87 3.14

Hang Seng Markit iBoxx Offshore RMB Bond Index Rules 3| 1 Hang Seng Markit iBoxx Offshore RMB Bond Index The Hang Seng Markit iBoxx Offshore RMB Bond Index family (“HSM iBoxx”) is designed to reflect the performance of debt denominated in Chinese Yuan but issued and settled offshore.

Find transparent, rules-based fixed income indices that can be easily replicated. iBoxxTM bond indices offer broad benchmarking and liquid tradable index  The Markit iBoxx EUR Index family represents the investment grade Monthly in accordance with rules available on www.markit.com/indices. Standard rating  The index rules offer broad coverage of the global bond universe and maintain minimum standards of investability and liquidity. These indices include a wide  rule changes. This document covers the index rules and calculation methodology . 1.1 Index family structure. The Markit iBoxx EUR Liquid Diversified index 

The index is an integral part of the global Markit iBoxx index family, which provides the marketplace with accurate and objective indices by which to assess the performance of bond markets and investments. 2 Markit iBoxx EUR Liquid Sovereign Diversified Indices Rules With the exception of the Markit iBoxx EUR Liquid Sovereigns Diversified 3m-1year index, the indices are based exclusively on sovereign bonds contained in the universe of the Markit iBoxx EUR benchmark indices. iBoxx indices. 2 Building Bond Indices The purpose of a bond index appears simple; through a single instrument bond indices can offer exposure to a large and diverse market. Total Return Index Clean Price Index Nominal Total Return Index Nominal Clean Price Index Real Total Return Index Real Clean Price Index IBOXPHA5 DE0005995393 IYQC.IYQC IYQD.IYQD DE0005995468 DE0005995476 IYQK.IYQK IYQL.IYQL DE0005995542 DE0005995559 IYQT.IYQT IYQU.IYQU DE0005995401 DE0005995419 IYQE.IYQE IYQF.IYQF DE0005995484 DE0005995492 Any omissions from this list should be notified to iBoxx@markit.com Index rules are publically available and can be found here for the benchmark indices and here for the liquid indices. International Index Company (IIC) encompasses the credit derivative, fixed income and FX index businesses within the Markit group. IIC manages and administers the Markit iBoxx bond, Markit iTraxx credit derivative and the Markit iBoxxFX currency indices.