The iBoxx EUR Liquid Banks Diversified Index measures the performance of investment grade, EUR-denominated bonds issued by banks in the Eurozone, Denmark, Norway, Sweden, Switzerland and the U.K. The index comprises senior preferred bonds with a minimum amount outstanding of EUR 750 million and a minimum time to maturity of 1.5 years (1.25 years for current constituents) and includes bonds with a maximum age of three years (four years for current constituents). The index includes a maximum of 40 bonds, with no more than two bonds per issuer.