Markit, a financial information services company and owner of the Markit CDX indices, today announced that the Markit CDX North America Investment Grade, Markit CDX North America High Volatility and Markit CDX North America Crossover indices will roll into their eleventh series on 29 September 2008. The Markit CDX Emerging Markets index will roll into its tenth series and the Markit CDX Emerging Markets Diversified index will roll into its eighth series on 29 September 2008.
The Markit MCDX index will roll into its eleventh series on 3 October 2008 and the Markit CDX North America High Yield index will roll into its eleventh series on 6 October 2008.
Changes to index composition
Based on liquidity polls, the following changes have been made to the Markit CDX family of indices:
- Ten constituents were replaced in the Markit CDX North America Investment Grade index.
- Eight constituents were replaced in the Markit CDX North America High Volatility index.
- Three constituents were replaced in the Markit CDX North America Crossover index.
- Five constituents were replaced in the Markit CDX North America High Yield index.
- There have been no changes to the composition of the Markit CDX Emerging Markets or the Markit CDX Emerging Markets Diversified indices.
- There have been no changes to the composition of the Markit MCDX index.
Changes
to the composition of the Markit CDX
Markit
CDX |
||
Series
11 |
||
IN |
|
OUT |
Investment
Grade |
||
YUM!
Brands, Inc. |
|
Federal
Home Loan Mortgage Corporation |
Ryder
System, Inc |
|
Federal
National Mortgage Association |
Xerox
Corporation |
|
Liz
Claiborne, Inc. |
TIME
WARNER CABLE INC. |
|
MeadWestvaco
Corporation |
Staples,
Inc. |
|
Radian
Group Inc. |
Mohawk
Industries, Inc. |
|
SPRINT
NEXTEL CORPORATION |
BARRICK
GOLD CORPORATION |
|
BRUNSWICK
CORPORATION |
XTO
Energy Inc. |
|
Rohm
and Haas Company |
United
Parcel Service, Inc. |
|
RIO
TINTO ALCAN INC. |
ERP
Operating Limited Partnership |
|
Washington
Mutual, Inc. |
High
Volatility |
||
American
Express Company |
|
BRUNSWICK
CORPORATION |
American
International Group, Inc. |
|
Fortune
Brands, Inc. |
ERP
Operating Limited Partnership |
|
Kohl's
Corporation |
General
Electric Capital Corporation |
|
Liz
Claiborne, Inc. |
International
Lease Finance Corporation |
|
MeadWestvaco
Corporation |
Metlife,
Inc. |
|
Radian
Group Inc. |
Mohawk
Industries, Inc. |
|
SPRINT
NEXTEL CORPORATION |
Motorola,
Inc. |
|
Washington
Mutual, Inc. |
Crossover |
||
Liz
Claiborne, Inc. |
|
American
Axle & Manufacturing, Inc. |
MeadWestvaco
Corporation |
|
The
Mosaic Company |
SPRINT
NEXTEL CORPORATION |
|
Unum
Group |
High
Yield |
||
Boyd
Gaming Corporation |
|
Allegheny
Energy Supply Company, LLC |
Louisiana-Pacific
Corporation |
|
The
Mosaic Company |
Radian
Group Inc |
|
Freeport-McMoRan
Copper & Gold Inc. |
SPRINT
NEXTEL CORPORATION |
|
ALLTEL
Corporation |
Tyson
Foods, Inc. |
|
IKON
Office Solutions, Inc. |
Detailed
constituent lists are available on www.markit.com.