The iBoxx Offshore RMB Financials Bond Index is designed to measure the performance of CNH-denominated bonds issued and settled outside of mainland China (excluding Taiwan). The index includes bonds from financial institutions, encompassing banks, financial services, insurance and real estate sectors, with a minimum amount outstanding of CNH 500 million. Bonds with a minimum initial time to maturity of 18 months at issuance are eligible for inclusion and remain in the index until maturity. Bonds trading flat of accrued are removed at the first rebalancing following the start of trading flat of accrued. Defaulted bonds are ineligible for inclusion, while unrated bonds are eligible.