iBoxx MSCI ESG EUR Corporates BBB TCA

The iBoxx MSCI ESG EUR Corporates BBB TCA is designed to measure the transaction cost-adjusted performance of BBB rated, EUR-denominated corporate bonds in developed markets, with a minimum amount outstanding of EUR 300 million. Bonds must have a remaining time to maturity of at least one year at rebalancing. The index excludes issuers involved in controversial activities, as well as those having an ESG rating of BB or below or having severe ESG controversies. The index applies a 3% issuer cap and a minimum of 20% of issuers must be excluded from the benchmark at each rebalance based on ESG criteria.