Methodology change | Solactive UBS Development Bank Bond Index Family | Effective Date 19/09/2019

Today, on the 09/09/2019, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for methodology change

Solactive has determined that the current selection criteria of the Affected Indices may lead to an incorrect representation of the market, the Affected Indices are intended to reflect. One of the selection criteria provide for maturity types eligible for inclusion consists Callable bonds. Callable bonds in the Development bank bonds market are illiquid and hence such bonds should be excluded from the index. The change is reflected in section 2.1 of the Index Guideline of the Affected Indices.

Changes to the Index Guideline

The wording in Section 2.1 (g), (i) of the Index Guideline is replaced by the following wording:

(g) Dual currency notes, convertible bonds, callable bonds and inflation linked bonds are excluded.

(i) Maturity type eligible for inclusion is “Bullet”.

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.