Dow Jones CDX index completes first roll

The twice-yearly shake-up of names in the index results in five changes to the portfolio

Dow Jones CDX made the first planned roll of its indices September 20, which brought about several changes in composition and maturity to the names listed therein.

The new CDX.NA.IG Series 3 index has five entities that differ from the Series 2 portfolio of 125 names. The new names are Cardinal Health, Bombardier Inc., AutoZone, McKesson and Lennar, which replace AT&T, Bombardier Capital, Citizen, EDS and Intelsat.

Thomas Benison, vice-president in the credit derivatives marketing group at

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