iBoxx Contingent Convertible Liquid Developed Europe AT1 (USD Unhedged)

The iBoxx Contingent Convertible Liquid Developed Europe AT1 (USD Unhedged) is designed to measure the performance of Additional Tier 1 contingent convertible bonds issued by banks in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the U.K. The index includes bonds denominated in EUR, USD and GBP, with minimum amounts outstanding of EUR 700 million, USD 700 million and GBP 700 million, respectively. Bonds must have a minimum iBoxx rating of B and be issued after Jan. 1, 2013. Issuers must have minimum outstanding amounts of EUR/USD/GBP 1 billion in their respective currencies. The index excludes issuers involved in tobacco, controversial weapons and thermal coal, as well as those that are non-compliant with UN Global Compact Principles.