Bankruptcy | FIRST REPUBLIC BANK | 4th May 2023
Due to the bankruptcy of FIRST REPUBLIC BANK, the following treatment will be applied to the following indices:
- FIRST REPUBLIC BANK will be removed from the Index.
- The weight of FIRST REPUBLIC BANK (FRCML.PK) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 04/05/2023
Global X U.S. High Yield Preferred Index
Solactive US Preferred Share Select 2 Index (NTR)
Solactive US Preferred Share Select Index (NTR)