iBoxx LSF USD African Sovereigns

The iBoxx LSF USD African Sovereigns is designed to measure the performance of USD-denominated sovereign bonds issued by African countries listed in the Liquidity and Sustainability Facility eligible collateral, with a minimum amount outstanding of USD 250 million. Securities must have a minimum initial time to maturity of 18 months at issuance. Bonds must be clearable through Clearstream, Euroclear or Hong Kong CMU. The index applies a 20% country cap and 0.5% floor, and issuers must be domiciled in an emerging market.