Methodology Change | Solactive Municipal Infrastructure Revenue Bond Index | 8th June 2018
Today, on 08 June 2018, Solactive announces the following changes to the methodology of the Solactive Municipal Infrastructure Revenue Bond Index:
In order to take the actual turnover costs for bonds which enter and leave the index at rebalacings into account, it has been decided by the Solactive AG’s Committe to calculate the ask / mid spread for additions and mid / bid spread for deletions and deduct the value from the index level at each adjustment day. The index guideline will be modified accordingly.
Solactive AG’s Oversight Committee is of the opinion that the suggested methodology changes improves the index.
These changes will be effective on 29 June 2018. The new index guideline will be available on this date.