Guideline change | Solactive Australian Government 7-12 Year AUD TR Index | Effective Date 1st of August 2019

Announcement

Guideline change | Solactive Australian Government 7-12 Year AUD TR Index | Effective Date

Today, on the 30^th  of July, 2019 Solactive announces the following changes following the Market Consultation to the Index Guideline of the Solactive Australian Government 7-12 Year AUD TR Index (ISIN: DE000SLA8SH3):

Rationale for methodology change

The rationale behind the methodology change is to standardise the market practice for the Australian bond indices.  This amendment is also direct to line up it to the general practice of the other Solactive´s Australian bond indices.

The general practice is the use of the mid-price for the calculation of the indices. Moreover, the other Solactive´s Australian bond indices use the mid-price.

Changes to the Index Guideline

The following amendment of section 1.4. in order to modify the calculation method to mid-prices, instead of the bid prices, will take place:

From:

1.4. PRICES AND CALCUATION FREQUENCY

The Index is calculated and distributed once every Business Day based on the Last Evaluated Bid Prices of the Index Components. Bonds added in a rebalancing (see Section 3) are included the index at the Last Evaluated Ask Price on the relevant Rebalance Day (as specified in Section 3.3). Bonds which are excluded from the Index in a rebalancing are reflected in the calculation of the level of the Index for the Rebalance Day at the Last Evaluated Bid Price on the relevant Rebalance Day. Index analytical values are calculated each Business Day using the Last Evaluated Bid Price based on Fixing Time.

To:

1.4. PRICES AND CALCUATION FREQUENCY

The Index is calculated and distributed once every Business Day based on the Last Evaluated Mid Prices of the Index Components. Bonds added in a rebalancing (see Section 3) are included the index at the Last Evaluated Mid Price on the relevant Rebalance Day (as specified in Section 3.3). Bonds which are excluded from the Index in a rebalancing are reflected in the calculation of the level of the Index for the Rebalance Day at the Last Evaluated Mid Price on the relevant Rebalance Day. Index analytical values are calculated each Business Day using the Last Evaluated Mid Price based on Fixing Time.

The changes will be effective on 1^st August 2019.

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.