The iBoxx EUR Liquid Sovereigns Capped 1.5 - 10.5 is designed to measure the performance of investment grade, EUR-denominated sovereign bonds issued by central governments of Eurozone member countries, with a minimum amount outstanding of EUR 4 billion. Securities must have a remaining time to maturity between 1.5 and 10.5 years at rebalancing. The index applies a 20% country cap and includes a maximum of 25 bonds, with no more than five from the same country. If fewer than five countries are available, all countries are equally weighted.