Markit is a leading global provider of financial information services. They provide products that enhance transparency, reduce risk and improve operational efficiency. Their customers include banks, hedge funds, asset managers, central banks, regulators, auditors, fund administrators and insurance companies. Founded in 2003, they employ over 4,000 people in 11 countries. Markit shares are listed on Nasdaq under the symbol MRKT. The Markit iBoxx EUR Liquid High Yield Index consists of liquid EUR sub-investment grade rated bonds, selected to provide a balanced representation of the Markit iBoxx EUR Core High Yield Index. This Index tracks the market for high yield corporate bonds and currently contains approximately 250 corporate bonds with sub-investment grade ratings.
Key Features and Coverage on RIMES
For this data source, RIMES currently hosts the following indices:
- iBoxx EUR High-Yield (approximately 1800 bonds and 420 indices, mostly various iBoxx EUR High Yield core and main Indices)
- iBoxx EUR High-Yield Liquid (approximately 700 bonds and 25 indices, including various iBoxx EUR Liquid HY indices)
- iBoxx EUR High-Yield Sovereign (approximately 70 bonds and 3 indices, including iBoxx € Greece, iBoxx € Portugal, iBoxx € Sovereigns High Yield Indices)
Some of the data items available include:
- Bond Items: Accrued Interest, Ask Price, Average Option Adjusted Spread, Base Market Value in Local Currency, Base Market Value Investible Weight, Benchmark ISIN, Bid Price, Bloomberg Ticker, Callable Flag, Cash Paid in Local Currency, Clean Price, Clean Price Weight, Constrained Base Market Value, Constrained Cash Paid in Local Currency, Constrained Investible Weight, Constrained Market Value, Constrained Notional outstanding, Constrained Paid Cash, Constrained Price Return Base, Convexity to Maturity, Convexity to Worst, Country Code, Country Code of Risk, Coupon, Coupon Adjustment, Coupon Frequency, Coupon Payment, Currency Code, Currency Investable Weight, Cusip Code, Daily Total Return in Local Currency, Day Count, Debt, Dirty Price, Ex-Dividend, First Coupon Date, First Settle Date, Index Price, Interest Accrued Date, Investable Weight, Investable Weight in Index, Issuer Description, Level 5 Sector Classification, Market Value in Local Currency, Maturity Date, Modified Duration to Maturity, Modified Duration to Worst, Month to Date Total Return, Notional Outstanding, Option Adjusted Spread Annual Convexity, Option Adjusted Spread Duration, PIK Amount/ interest, Preview Date, Price Return Base Market Value, Price Return Investable Weight, Redemption, Sinking Flag, Total Return Percentage, Weight in Index, Work Out Date, Yield to Maturity, Yield to Worst, Zero Coupon Flag, Z-Spread Duration, etc.
- Index Items: Asset Swap Margin, Average Z-Spread, Base Market Value, Cash Paid in Local Currency, Convexity, Convexity to Worst, Core Index Flag, Coupon Income Index, Crossover Flag, Daily Price Return, Date of Portfolio, Discount Margin, Duration to Maturity, Duration to Worst, Floating Rate Note Flag, Gross Price Index, Income Index, Index Benchmark Spread, ISIN Code, Isin of Price Index, Market Value, Modified Duration to Maturity, Modified Duration to Worst, Month to Date Price Return in Euros, Notional Outstanding, Number of Constituents, Option Adjusted Spread-Shifted Adjusted Macaulay Duration, Paid Cash, PIK Flag, Portfolio Convexity to Maturity, Portfolio Duration to Maturity, Portfolio Yield to Maturity, Previous Price Index, Previous Total Return , Price Index, Price Return Percentage, Rating, Redemption Income Index, Return in Euros, Semi Annual Convexity to Worst, Simple Margin, Time to Maturity, Top Level Index Membership, Total Return, Total Return Percentage Quarter to Date, Year to Date Price, Yield to Maturity, Yield to Worst, etc.