The iBoxx ABF Pan-Asia Government (USD Unhedged) is designed to measure the performance of local currency-denominated sovereign bonds issued in China, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand, with minimum amounts outstanding that vary by market. Bonds must have a minimum initial time to maturity of 18 months at issuance and a remaining time to maturity of at least one year at rebalancing. Eligible bonds must be domestic instruments tradable in their respective local markets, excluding offshore currency bonds.