The iBoxx EUR Breakeven Euro-Inflation France Germany & Italy 7-15Y Index is designed to measure the performance of EUR-denominated breakeven inflation through long positions in inflation-linked bonds and short positions in nominal sovereign bonds from France, Germany and Italy. The index includes investment grade sovereign bonds, with a minimum amount outstanding of EUR 2 billion for inflation-linked bonds and EUR 1 billion for nominal sovereign bonds. Bonds must have a remaining time to maturity between 7 and 15 years at rebalancing. The index must contain at least six inflation-linked bonds and six nominal sovereign bonds at any point in time, with a 30% cap on any single inflation-linked bond or nominal sovereign bond, and duration must be neutralized between inflation-linked and nominal sovereign components. The nominal Gilt position is constructed in a way that the index duration is neutralized.