The iBoxx USD Asia ex-Japan Financials ex-Real Estate is designed to measure the performance of USD-denominated bonds from financial institutions, excluding the real estate sector, in Bangladesh, China, Hong Kong, India, Indonesia, Macao, Malaysia, Maldives, Mongolia, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam, with a minimum amount outstanding of USD 250 million. Securities must have a minimum initial time to maturity of 18 months at issuance. All bonds must be clearable through Clearstream, Euroclear or Hong Kong CMU.