Cbonds EM Sovereign USD T-spread Index

The weighted average T-spread according to the index of the government bonds and Eurobonds market of developing countries is calculated on the basis of a portfolio of fixed-rate coupon securities issued in US dollars with a remaining maturity of at least 360 days and an issue volume of at least $500 million. The index continues the tradition of various Emerging Markets Bond Index and includes securities of government issuers with a rating not higher than Baa1/BBB+ from at least two leading rating agencies. The index includes securities that were quoted on the Cbonds website for at least 16 trading days last month. The revision of the list of issues forming the index, as well as the inclusion of new issues, is carried out monthly.