IIC launches iBoxx high-yield indices

The International Index Company has launched the iBoxx Euro High Yield Index family, for use as a benchmark facility by investors and asset managers and as a research tool by investment banks.

The indices, which list euro-denominated high-yield corporate bonds, are updated daily after the European markets have closed. They can also be used as a reference for structured products.

Each bond included in the indices is given an iBoxx price, based on prices from a selected group of investment banks, in

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