iBoxx MSCI ESG SRI EUR Corporates

The iBoxx MSCI ESG EUR High Yield Corporates TCA measures the performance of high yield, EUR-denominated corporate bonds that meet specific ESG criteria. The index comprises bonds with a minimum amount outstanding of EUR 500 million for EUR-issued bonds and EUR 1 billion for legacy bonds converted from pre-EUR currencies. Bonds must have a minimum time to maturity of 18 months at issuance and 12 months at rebalancing. The index uses MSCI ESG Research data to exclude issuers with an ESG rating of BB and below and those involved in weapons, firearms, tobacco, adult entertainment, alcohol, gambling, nuclear power, GMOs and fossil fuels, as well as those with a notable controversy, requiring at least 20% issuer exclusion from the benchmark.