Extraordinary Rebalance in accordance with the Correction Policy
Announcement
Extraordinary Rebalance in accordance with the Correction Policy|
Solactive L&G ESG EUR IG Corporate Bond TR Index,
Solactive L&G ESG GBP IG Corporate Bond TR Index,
Solactive L&G ESG USD IG Corporate Bond TR Index,
Solactive L&G ESG USD Investment Grade Corporate Bond TR Index – GBP Hedged,
Solactive L&G ESG EUR Investment Grade Corporate Bond TR Index – GBP Hedged
| Effective Date 17-Sep-2021
Today, on the 14-Sep-2021, Solactive announces that an error in the composition and/or weights of the Index constituents of the following Indices (the ‘Affected Indices’) has been detected:
|
NAME |
RIC |
ISIN |
|
Solactive L&G ESG EUR IG Corporate Bond TR Index |
.SOESGBEU |
DE000SLA52F4 |
|
Solactive L&G ESG GBP IG Corporate Bond TR Index |
.SOESGBGB |
DE000SLA52D9 |
|
Solactive L&G ESG USD IG Corporate Bond TR Index |
.SOESGBUS |
DE000SLA52E7 |
|
Solactive L&G ESG USD Investment Grade Corporate Bond TR Index – GBP Hedged |
.SOESGHUS |
DE000SLA52G2 |
|
Solactive L&G ESG EUR Investment Grade Corporate Bond TR Index – GBP Hedged |
.SOESGHEU |
DE000SLA52H0 |
The correction is made by way of an extraordinary rebalancing in accordance with Section 4.2 of the Correction Policy that is available on Solactive website at: https://www.solactive.com/documents/correction-policy/.
Description of the Error
Incorrectly updated ESG data was used as input into the selection process.
Specifications of the Extraordinary Rebalance
In accordance with the Correction Policy, the date of error discovery will be regarded as an extraordinary selection day (the “Extraordinary Selection Day”). For the purpose of this extraordinary rebalance, the Extraordinary Selection Day is 13-Sep-2021. The effective date of implementation of the corrected composition of the Affected Indices is open of business on 17-Sep-2021.
The following changes to the composition of the Affected Indices will be made:
Additions
|
Adjustment Type |
Index Ric |
Issuer Name |
Coupon |
Maturity Date |
|
Addition |
.SOESGBUS |
ABN AMRO BANK NV |
4.75 |
28 Jul 2025 |
|
Addition |
.SOESGBUS |
ABN AMRO BANK NV |
4.8 |
18 Apr 2026 |
|
Addition |
.SOESGBUS |
EQUIFAX INC |
2.35 |
15 Sep 2031 |
|
Addition |
.SOESGBUS |
EQUIFAX INC |
2.6 |
01 Dec 2024 |
|
Addition |
.SOESGBUS |
EQUIFAX INC |
3.1 |
15 May 2030 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
3.95 |
01 Mar 2050 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
5 |
01 Mar 2026 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTNERS LP |
5.15 |
15 Oct 2043 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
4.85 |
01 Feb 2049 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
4.25 |
15 Sep 2046 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
4.2 |
03 Oct 2047 |
|
Addition |
.SOESGBUS |
MAGELLAN MIDSTREAM PARTN |
3.25 |
01 Jun 2030 |
|
Addition |
.SOESGBUS |
TECK RESOURCES LIMITED |
6.25 |
15 Jul 2041 |
|
Addition |
.SOESGBUS |
TECK RESOURCES LTD |
6.125 |
01 Oct 2035 |
|
Addition |
.SOESGBUS |
TECK RESOURCES LIMITED |
3.9 |
15 Jul 2030 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
4.75 |
13 Nov 2028 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
4.25 |
13 Nov 2023 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
1.25 |
24 Nov 2025 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
0.875 |
22 Nov 2023 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
3.35 |
13 May 2025 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
3.125 |
12 May 2023 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
4.625 |
13 Nov 2025 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
3.75 |
13 May 2030 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
3.2 |
26 Sep 2026 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
2.85 |
26 Sep 2024 |
|
Addition |
.SOESGBUS |
VOLKSWAGEN GROUP AMERICA |
1.625 |
24 Nov 2027 |
|
Addition |
.SOESGBEU |
TRATON FINANCE LUX SA |
0 |
14 Jun 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN BANK GMBH |
1.25 |
15 Dec 2025 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
0.05 |
10 Jun 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
0.125 |
12 Feb 2027 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
0.375 |
12 Feb 2030 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
0 |
12 Feb 2025 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATION |
4.625 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATIO |
3.5 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
4.625 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
3.875 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
3.875 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
3.5 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
0.875 |
22 Sep 2028 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0.625 |
19 Jul 2029 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
3.375 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
4.125 |
16 Nov 2038 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATION |
5.125 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0.375 |
20 Jul 2026 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0.5 |
12 Jan 2029 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0 |
19 Jul 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
3.375 |
06 Apr 2028 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
2.25 |
16 Oct 2026 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN BANK GMBH |
1.25 |
10 Jun 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATIO |
1.625 |
16 Jan 2030 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
1.125 |
04 Apr 2024 |
|
Addition |
.SOESGBEU |
VW FINANCIAL |
2.25 |
01 Oct 2027 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
1.375 |
20 Jan 2025 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
1.625 |
15 Aug 2025 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
1.875 |
30 Mar 2027 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
2.7 |
31 Dec 2049 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
3 |
06 Apr 2025 |
|
Addition |
.SOESGBEU |
TRATON FINANCE LUXEMBRG |
0.75 |
24 Mar 2029 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
1.375 |
16 Oct 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0.25 |
12 Jan 2026 |
|
Addition |
.SOESGBEU |
TRATON FINANCE LUXEMBRG |
0.125 |
24 Mar 2025 |
|
Addition |
.SOESGBEU |
TRATON FINANCE LUXEMBRG |
1.25 |
24 Mar 2033 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
0 |
12 Jul 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
2.625 |
15 Jan 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
1.25 |
23 Sep 2032 |
|
Addition |
.SOESGBEU |
VW FINANCIAL |
1.5 |
01 Oct 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
0.875 |
12 Apr 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
3.25 |
18 Nov 2030 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
1.125 |
02 Oct 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN FIN SERV AG |
2.5 |
06 Apr 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
1.5 |
19 Jun 2026 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN BANK GMBH |
2.5 |
31 Jul 2026 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN BANK GMBH |
1.875 |
31 Jan 2024 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATIO |
0.875 |
16 Jan 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GM |
2.375 |
06 Sep 2022 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN LEASING GMBH |
1 |
16 Feb 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTERNATION |
3.3 |
22 Mar 2033 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN BANK GMBH |
0.75 |
15 Jun 2023 |
|
Addition |
.SOESGBEU |
VOLKSWAGEN INTL FIN NV |
2.625 |
16 Nov 2027 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN S |
1.125 |
05 Jul 2026 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
1.125 |
18 Sep 2023 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN INTL FIN NV |
4.125 |
17 Nov 2031 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
0.875 |
20 Feb 2025 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
4.25 |
09 Oct 2025 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
2.25 |
12 Apr 2025 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
1.625 |
30 Nov 2022 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
2.125 |
27 Jun 2024 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
1.625 |
10 Feb 2024 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN INTL FIN NV |
3.375 |
16 Nov 2026 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
1.75 |
12 Sep 2022 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
1.875 |
03 Dec 2024 |
|
Addition |
.SOESGBGB |
VOLKSWAGEN FIN SERV NV |
2.75 |
10 Jul 2023 |
Deletions
|
Adjustment Type |
Index RIC |
Issuer Name |
Coupon |
Maturity Date |
|
Deletion |
.SOESGBUS |
ABBVIE INC |
5 |
15 Dec 2021 |
|
Deletion |
.SOESGBUS |
BMW US CAPITAL LLC |
1.85 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
BNZ INTL FUNDING/LONDON |
2.1 |
14 Sep 2021 |
|
Deletion |
.SOESGBUS |
BP CAP MARKETS AMERICA |
2.112 |
16 Sep 2021 |
|
Deletion |
.SOESGBUS |
CARDINAL HEALTH INC |
2.616 |
15 Jun 2022 |
|
Deletion |
.SOESGBUS |
DUKE ENERGY PROGRESS INC |
3 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
DAIMLER FINANCE NA LLC |
3.875 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
ERP OPERATING LP |
4.625 |
15 Dec 2021 |
|
Deletion |
.SOESGBUS |
BECLE SA DE CV |
3.75 |
13 May 2025 |
|
Deletion |
.SOESGBUS |
LOCKHEED MARTIN CORP |
3.35 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
MET LIFE GLOB FUNDING I |
1.95 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
MIDWEST CONNECTOR CAPIT |
3.9 |
01 Apr 2024 |
|
Deletion |
.SOESGBUS |
MIDWEST CONNECTOR CAPIT |
3.625 |
01 Apr 2022 |
|
Deletion |
.SOESGBUS |
MIDWEST CONNECTOR CAPIT |
4.625 |
01 Apr 2029 |
|
Deletion |
.SOESGBUS |
MITSUBISHI UFJ FIN GRP |
2.19 |
13 Sep 2021 |
|
Deletion |
.SOESGBUS |
MIZUHO FINANCIAL GROUP |
2.273 |
13 Sep 2021 |
|
Deletion |
.SOESGBUS |
NEW YORK LIFE GLOBAL FDG |
1.7 |
14 Sep 2021 |
|
Deletion |
.SOESGBUS |
NISSAN MOTOR ACCEPTANCE |
1.9 |
14 Sep 2021 |
|
Deletion |
.SOESGBUS |
NONGHYUP BANK |
1.875 |
12 Sep 2021 |
|
Deletion |
.SOESGBUS |
ORACLE CORP |
1.9 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
PFIZER INC |
3 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION LLC |
5.625 |
15 Apr 2023 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
6.25 |
15 Mar 2022 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
5.75 |
15 May 2024 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
5.625 |
01 Mar 2025 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
5 |
15 Mar 2027 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
4.2 |
15 Mar 2028 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
5.875 |
30 Jun 2026 |
|
Deletion |
.SOESGBUS |
SABINE PASS LIQUEFACTION |
4.5 |
15 May 2030 |
|
Deletion |
.SOESGBUS |
SEVEN & I HOLDINGS |
3.35 |
17 Sep 2021 |
|
Deletion |
.SOESGBUS |
SHELL INTERNATIONAL FIN |
1.75 |
12 Sep 2021 |
|
Deletion |
.SOESGBUS |
SIEMENS FINANCIERINGSMAT |
1.7 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
SKANDINAVISKA ENSKILDA |
1.875 |
13 Sep 2021 |
|
Deletion |
.SOESGBUS |
TOYOTA MOTOR CREDIT CORP |
3.4 |
15 Sep 2021 |
|
Deletion |
.SOESGBUS |
WALGREENS BOOTS ALLIANCE |
3.3 |
18 Nov 2021 |
|
Deletion |
.SOESGBEU |
DAIMLER INTL FINANCE BV |
0.2 |
13 Sep 2021 |
|
Deletion |
.SOESGBEU |
BRITISH SKY BROADCASTI |
1.5 |
15 Sep 2021 |
|
Deletion |
.SOESGBEU |
JPMORGAN CHASE & CO |
1.375 |
16 Sep 2021 |
|
Deletion |
.SOESGBEU |
SOCIETE GENERALE SA |
2.5 |
16 Sep 2026 |
|
Deletion |
.SOESGBEU |
METROPOLITAN LIFE GLOBA |
1.25 |
17 Sep 2021 |
|
Deletion |
.SOESGBEU |
TELEFONICA EMISIONES S |
1.477 |
14 Sep 2021 |
|
Deletion |
.SOESGBEU |
HENKEL AG & CO KGAA |
0 |
13 Sep 2021 |
|
Deletion |
.SOESGBEU |
CTP NV |
0.5 |
21 Jun 2025 |
|
Deletion |
.SOESGBEU |
CTP NV |
1.25 |
21 Jun 2029 |
|
Deletion |
.SOESGBGB |
BANK OF AMERICA CORP |
6.125 |
15 Sep 2021 |
|
Deletion |
.SOESGBGB |
SSE PLC |
4.25 |
14 Sep 2021 |
|
Deletion |
.SOESGBGB |
FIRSTGROUP PLC |
5.25 |
29 Nov 2022 |
Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective Index Guideline of the Affected Indices. For more details on the index composition and the methodology of the Affected Indices, please refer to the Index Guideline and sub-page of the Affected Indices on Solactive website.