The S&P Africa Hard Currency ex Tanzania (15% Capped) Bond Index tracks the performance of USD, EUR, and JPY currency denominated sovereign debt publicly issued by African governments, excluding Tanzania. During the monthly rebalancing process, total weight by country is calculated and if any country's weight exceeds 15%, that excess weight is distributed pro-rata to the remaining countries' index constituents.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors