Overview
Announcements

Ordinary Rebalance | Solactive USD Corporate IG PAB Index | Effective Date 1st December 2025

As part of the ordinary rebalancing of the index, the composition of the Solactive USD Corporate IG PAB Index (DE000SL0AY04) was reviewed on Monday, 24 November 2025 (Selection Date). The following changes to the index composition will become effective as of Monday, 1 December 2025 (Effective Date).

Addition(s)

Issuer Name Coupon Maturity Date
HSBC HOLDINGS PLC 4.619 6 Nov 2031
EPR PROPERTIES 4.75 15 Nov 2030
PFIZER INC. 4.5 15 Nov 2032
SANOFI SA 3.75 3 Nov 2027
BANCO SANTANDER S.A. 5.127 6 Nov 2035
META PLATFORMS INC. 5.5 15 Nov 2045
APOLLO GLOBAL MANAGEMENT INC. 4.6 15 Jan 2031
GLOBAL PAYMENTS INC. 5.55 15 Nov 2035
ROYAL BANK OF CANADA 4.305 3 Nov 2031
FEDEX CORP 2.4 15 May 2031
NATWEST MARKETS PLC 4.412 6 Nov 2030
CHARLES SCHWAB CORPORATION 4.343 14 Nov 2031
HSBC HOLDINGS PLC 5.133 6 Nov 2036
FLEX LTD. 5.375 13 Nov 2035
GLOBAL PAYMENTS INC. 4.5 15 Nov 2028
NOVARTIS CAPITAL CORP. 5.3 5 Nov 2055
MSCI INC. 5.15 15 Mar 2036
NOVARTIS CAPITAL CORP. 4.1 5 Nov 2030
CBRE SERVICES INC. 4.9 15 Jan 2033
META PLATFORMS INC. 4.6 15 Nov 2032
NORTHERN TRUST CORPORATION 4.15 19 Nov 2030
MOSAIC COMPANY 4.6 15 Nov 2030
NOVARTIS CAPITAL CORP. 4.6 5 Nov 2035
FEDEX CORP 3.875 1 Aug 2042
SANOFI SA 3.8 3 Nov 2028
LINCOLN NATIONAL CORPORATION 5.35 15 Nov 2035
PERSHING SQUARE HOLDINGS LTD. 5.5 28 Oct 2032
CHARLES SCHWAB CORPORATION 4.914 14 Nov 2036
META PLATFORMS INC. 5.75 15 Nov 2065
FEDEX CORP 3.25 15 May 2041
NATWEST MARKETS PLC 4.174 6 Nov 2028
META PLATFORMS INC. 4.875 15 Nov 2035
PROCTER & GAMBLE COMPANY 4.35 3 Nov 2035
HUBBELL INCORPORATED 4.8 15 Nov 2035
EBAY INC. 4.25 6 Mar 2029
LLOYDS BANKING GROUP PLC 4.425 4 Nov 2031
UBS GROUP AG 5.528 6 May 2047
GLOBAL PAYMENTS INC. 4.875 15 Nov 2030
GARTNER INC. 5.6 20 Nov 2035
MEITUAN 5.125 5 Nov 2035
NORTHERN TRUST CORPORATION 5.117 19 Nov 2040
PFIZER INC. 3.875 15 Nov 2027
NOVARTIS CAPITAL CORP. 4.3 5 Nov 2032
MEITUAN 4.5 5 May 2031
MEITUAN 4.75 5 Nov 2032
WESTLAKE CORPORATION 5.55 15 Nov 2035
ASB BANK LIMITED 4.155 29 Oct 2030
MID-AMERICA APARTMENTS L.P. 4.65 15 Jan 2033
HCA INC. 4.9 15 Nov 2035
PFIZER INC. 5.6 15 Nov 2055
PPG INDUSTRIES INC. 4.375 15 Mar 2031
PFIZER INC. 5.7 15 Nov 2065
SOUTHWEST AIRLINES CO. 5.25 15 Nov 2035
DNB BANK ASA 4.384 4 Nov 2031
HCA INC. 5.7 15 Nov 2055
BANCO SANTANDER S.A. 4.551 6 Nov 2030
MATTEL INC. 5.0 17 Nov 2030
PFIZER INC. 4.875 15 Nov 2035
MOSAIC COMPANY 4.35 15 Jan 2029
NOVARTIS CAPITAL CORP. 3.9 5 Nov 2028
SOUTHWEST AIRLINES CO. 4.375 15 Nov 2028
FAIRFAX FINANCIAL HOLDINGS LIMITED 5.75 20 May 2035
WESTLAKE CORPORATION 6.375 15 Nov 2055
PFIZER INC. 4.2 15 Nov 2030
LLOYDS BANKING GROUP PLC 4.943 4 Nov 2036
META PLATFORMS INC. 5.625 15 Nov 2055
HCA INC. 4.3 15 Nov 2030
GLOBAL PAYMENTS INC. 5.2 15 Nov 2032
FEDEX CORP 3.1 5 Aug 2029
STEEL DYNAMICS INC. 4.0 15 Dec 2028
SANOFI SA 4.2 3 Nov 2032
PROCTER & GAMBLE COMPANY 4.1 3 Nov 2032
UBS GROUP AG 4.844 6 Nov 2033
EBAY INC. 5.125 6 Nov 2035
APTARGROUP INC. 4.75 30 Mar 2031
META PLATFORMS INC. 4.2 15 Nov 2030
AUTONATION INC. 4.45 15 Jan 2029
HCA INC. 4.6 15 Nov 2032
PACCAR FINANCIAL CORP. 4.0 7 Nov 2028

Deletion(s)

Issuer Name Coupon Maturity Date
PNC FINANCIAL SERVICES GROUP INC. 3.15 19 May 2027
AIR PRODUCTS AND CHEMICALS INC. 1.85 15 May 2027
UNILEVER CAPITAL CORP. 2.9 5 May 2027
APPLE INC. 3.2 11 May 2027
FIFTH THIRD BANCORP 2.55 5 May 2027
NSTAR ELECTRIC COMPANY 3.2 15 May 2027
NORTHERN TRUST CORPORATION 4.0 10 May 2027
FIFTH THIRD BANCORP 1.707 1 Nov 2027
JPMORGAN CHASE & CO 8.0 29 Apr 2027
WALMART INC. 4.1 28 Apr 2027
STATE STREET CORPORATION 1.684 18 Nov 2027
BANK OF NEW YORK MELLON CORPORATION 3.25 16 May 2027
TOYOTA MOTOR CREDIT CORPORATION 4.5 14 May 2027
AVALONBAY COMMUNITIES INC. 3.35 15 May 2027
KRAFT HEINZ FOODS CO. 3.875 15 May 2027
CAPITAL ONE FINANCIAL CORPORATION 3.65 11 May 2027
CRH AMERICA FINANCE INC. 3.4 9 May 2027
BARCLAYS PLC 2.279 24 Nov 2027
HSBC HOLDINGS PLC 2.251 22 Nov 2027
NXP B.V. 3.15 1 May 2027
CITIBANK N.A. 4.876 19 Nov 2027
PACCAR FINANCIAL CORP. 5.0 13 May 2027
BRISTOL-MYERS SQUIBB COMPANY 6.4 15 Nov 2063
AMERICAN EXPRESS COMPANY 3.3 3 May 2027
QUALCOMM INCORPORATED 3.25 20 May 2027
GENERAL MOTORS FINANCIAL COMPANY INC. 5.4 8 May 2027
NOVARTIS CAPITAL CORP. 3.1 17 May 2027
LOWES COMPANIES INC. 3.1 3 May 2027
ELI LILLY AND COMPANY 3.1 15 May 2027
BANCO SANTANDER S.A. 6.527 7 Nov 2027
CAPITAL ONE FINANCIAL CORPORATION 7.149 29 Oct 2027
DARDEN RESTAURANTS INC. 3.85 1 May 2027
CONSTELLATION BRANDS INC. 4.35 9 May 2027
LPL HOLDINGS INC. 5.7 20 May 2027
CAPITAL ONE FINANCIAL CORPORATION 1.878 2 Nov 2027
UNITEDHEALTH GROUP INCORPORATED 3.7 15 May 2027
GEORGIA-PACIFIC LLC 2.1 30 Apr 2027
JABIL INC. 4.25 15 May 2027
INTEL CORPORATION 3.15 11 May 2027
NATWEST MARKETS PLC 5.416 17 May 2027
DEUTSCHE BANK AG NEW YORK BRANCH 2.311 16 Nov 2027
ROYAL BANK OF CANADA 3.625 4 May 2027
AXA SA 6.379 31 Dec 2099
CONSTELLATION BRANDS INC. 3.5 9 May 2027

For more details on the index composition and the rebalancing rules applicable to an index, please refer to the respective index detail page on this website.