Market Consultation on the Solactive Bond Market Classification

Solactive has decided to conduct a Market Consultation with regard to the reclassification of countries below as a result of the annual review of the Bond Market Classification. The change in classification is as follows:

• After conducting the annual review of the Solactive Bond Market Classification, Lebanon, Republic of the Congo, Belarus, Ghana and Sri Lanka are no longer eligible to be consider in hard currency list. Currently there is no issue which makes it impossible to further check the market. Solactive suggests excluding these countries from the hard currency bond market list. (Since currently there is no live bond from these countries, this proposition will have no impact on the indices)
• Due to international investor limitations, Solactive suggests excluding Taiwan from the hard and local currency market list.