Ordinary Rebalance | Solactive USD Corporate IG PAB Index | Effective Date 2nd June 2025
As part of the ordinary rebalancing of the index, the composition of the Solactive USD Corporate IG PAB Index (DE000SL0AY04) was reviewed on Tuesday, 27 May 2025 (Selection Date). The following changes to the index composition will become effective as of Monday, 2 June 2025 (Effective Date).
Addition(s)
| Issuer Name | Coupon | Maturity Date |
|---|---|---|
| MAGNA INTERNATIONAL INC. | 5.875 | 1 Jun 2035 |
| STATE STREET CORPORATION | 4.834 | 24 Apr 2030 |
| WALMART INC. | 4.1 | 28 Apr 2027 |
| ERP OPERATING LIMITED PARTNERSHIP | 4.95 | 15 Jun 2032 |
| UNITED PARCEL SERVICE INC. | 6.05 | 14 May 2065 |
| DEUTSCHE BANK AG NEW YORK BRANCH | 5.297 | 9 May 2031 |
| WALMART INC. | 4.9 | 28 Apr 2035 |
| UNITED PARCEL SERVICE INC. | 5.25 | 14 May 2035 |
| KEURIG DR PEPPER INC. | 4.6 | 15 May 2030 |
| GENERAL MOTORS COMPANY | 6.25 | 15 Apr 2035 |
| BNP PARIBAS SA | 4.792 | 9 May 2029 |
| KEURIG DR PEPPER INC. | 5.15 | 15 May 2035 |
| HSBC HOLDINGS PLC | 5.79 | 13 May 2036 |
| MONDELEZ INTERNATIONAL INC. | 5.125 | 6 May 2035 |
| CUMMINS INC. | 4.7 | 15 Feb 2031 |
| TELEFONICA EMISIONES S.A.U. | 5.213 | 8 Mar 2047 |
| HSBC HOLDINGS PLC | 5.24 | 13 May 2031 |
| GENERAL MOTORS COMPANY | 5.625 | 15 Apr 2030 |
| BANK OF AMERICA CORPORATION | 5.464 | 9 May 2036 |
| COMCAST CORPORATION | 6.05 | 15 May 2055 |
| TOYOTA MOTOR CREDIT CORPORATION | 4.8 | 15 May 2030 |
| STANDARD CHARTERED PLC | 5.244 | 13 May 2031 |
| MONDELEZ INTERNATIONAL INC. | 4.5 | 6 May 2030 |
| MONDELEZ INTERNATIONAL INC. | 4.25 | 6 May 2028 |
| PNC FINANCIAL SERVICES GROUP INC. | 4.899 | 13 May 2031 |
| APPLE INC. | 4.75 | 12 May 2035 |
| CITIGROUP INC. | 4.952 | 7 May 2031 |
| QUALCOMM INCORPORATED | 4.5 | 20 May 2030 |
| AEP TRANSMISSION COMPANY LLC | 5.375 | 15 Jun 2035 |
| ALLY FINANCIAL INC. | 5.737 | 15 May 2029 |
| HP INC. | 6.1 | 25 Apr 2035 |
| BIOGEN INC. | 5.75 | 15 May 2035 |
| ZIONS BANCORPORATION | 6.816 | 19 Nov 2035 |
| AMERICAN EXPRESS COMPANY | 4.731 | 25 Apr 2029 |
| PROLOGIS L.P. | 5.25 | 15 May 2035 |
| AIB GROUP PLC | 5.32 | 15 May 2031 |
| CINTAS CORPORATION NO. 2 | 4.2 | 1 May 2028 |
| NEW YORK LIFE GLOBAL FUNDING | 4.4 | 25 Apr 2028 |
| COLGATE-PALMOLIVE COMPANY | 4.2 | 1 May 2030 |
| KENVUE INC. | 4.85 | 22 May 2032 |
| U.S. BANCORP | 5.083 | 15 May 2031 |
| LENNAR CORPORATION | 5.2 | 30 Jul 2030 |
| ORBIA ADVANCE CORPORATION S.A.B. DE C.V. | 6.8 | 13 May 2030 |
| CELULOSA ARAUCO Y CONSTITUCION S.A. | 6.18 | 5 May 2032 |
| CONSTELLATION BRANDS INC. | 4.8 | 1 May 2030 |
| D.R. HORTON INC. | 4.85 | 15 Oct 2030 |
| UBS GROUP AG | 5.58 | 9 May 2036 |
| BNP PARIBAS SA | 5.085 | 9 May 2031 |
| QUALCOMM INCORPORATED | 4.75 | 20 May 2032 |
| BIOGEN INC. | 6.45 | 15 May 2055 |
| AMERICAN INTERNATIONAL GROUP INC. | 5.45 | 7 May 2035 |
| ORBIA ADVANCE CORPORATION S.A.B. DE C.V. | 7.5 | 13 May 2035 |
| NATWEST GROUP PLC | 5.115 | 23 May 2031 |
| COMCAST CORPORATION | 5.3 | 15 May 2035 |
| TRUIST FINANCIAL CORPORATION | 5.071 | 20 May 2031 |
| HOST HOTELS & RESORTS L.P. | 5.7 | 15 Jun 2032 |
| COMCAST CORPORATION | 4.95 | 15 May 2032 |
| CBRE SERVICES INC. | 4.8 | 15 Jun 2030 |
| PROLOGIS L.P. | 4.75 | 15 Jan 2031 |
| STATE STREET CORPORATION | 4.543 | 24 Apr 2028 |
| ATHENE HOLDING LTD. | 6.625 | 19 May 2055 |
| AUTOMATIC DATA PROCESSING INC. | 4.75 | 8 May 2032 |
| AMERICAN EXPRESS COMPANY | 5.016 | 25 Apr 2031 |
| CITIGROUP INC. | 4.643 | 7 May 2028 |
| CUMMINS INC. | 5.3 | 9 May 2035 |
| MICRON TECHNOLOGY INC. | 6.05 | 1 Nov 2035 |
| SOCIETE GENERALE SA | 5.249 | 22 May 2029 |
| MICRON TECHNOLOGY INC. | 5.65 | 1 Nov 2032 |
| COMMONWEALTH EDISON COMPANY | 5.95 | 1 Jun 2055 |
| PROCTER & GAMBLE COMPANY | 4.6 | 1 May 2035 |
| SOCIETE GENERALE SA | 5.512 | 22 May 2031 |
| AMERICAN INTERNATIONAL GROUP INC. | 4.85 | 7 May 2030 |
| UNITED PARCEL SERVICE INC. | 5.95 | 14 May 2055 |
| TOYOTA MOTOR CREDIT CORPORATION | 4.5 | 14 May 2027 |
| REGENCY CENTERS L.P. | 5.0 | 15 Jul 2032 |
| APPLE INC. | 4.5 | 12 May 2032 |
| APPLE INC. | 4.2 | 12 May 2030 |
| APPLE INC. | 4.0 | 12 May 2028 |
| BIOGEN INC. | 5.05 | 15 Jan 2031 |
| SVENSKA HANDELSBANKEN AB | 4.375 | 23 May 2028 |
| GENERAL MOTORS COMPANY | 5.35 | 15 Apr 2028 |
| UNITED PARCEL SERVICE INC. | 4.65 | 15 Oct 2030 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 5.618 | 1 Jun 2055 |
| BANK OF AMERICA CORPORATION | 4.623 | 9 May 2029 |
| KEURIG DR PEPPER INC. | 4.35 | 15 May 2028 |
| CBRE SERVICES INC. | 5.5 | 15 Jun 2035 |
| HP INC. | 5.4 | 25 Apr 2030 |
| TELEFONICA EMISIONES S.A.U. | 4.103 | 8 Mar 2027 |
| EIDP INC. | 5.125 | 15 May 2032 |
| AMERICAN HOMES 4 RENT L.P. | 4.95 | 15 Jun 2030 |
| WALMART INC. | 4.35 | 28 Apr 2030 |
| TEXAS INSTRUMENTS INCORPORATED | 5.1 | 23 May 2035 |
| TEXAS INSTRUMENTS INCORPORATED | 4.5 | 23 May 2030 |
| PROCTER & GAMBLE COMPANY | 4.05 | 1 May 2030 |
| AMERICAN EXPRESS COMPANY | 5.667 | 25 Apr 2036 |
| SWEDBANK AB | 5.083 | 21 May 2030 |
| QUALCOMM INCORPORATED | 5.0 | 20 May 2035 |
Deletion(s)
| Issuer Name | Coupon | Maturity Date |
|---|---|---|
| MASTERCARD INCORPORATED | 2.95 | 21 Nov 2026 |
| EQUINIX INC. | 2.9 | 18 Nov 2026 |
| ROYAL BANK OF CANADA | 1.4 | 2 Nov 2026 |
| PEPSICO INC. | 5.125 | 10 Nov 2026 |
| AMERICAN EXPRESS COMPANY | 1.65 | 4 Nov 2026 |
| ROCHE HOLDINGS INC. | 5.265 | 13 Nov 2026 |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC | 4.8 | 13 Nov 2026 |
| DISCOVERY COMMUNICATIONS LLC | 6.35 | 1 Jun 2040 |
| HASBRO INC. | 3.55 | 19 Nov 2026 |
| PRINCIPAL LIFE GLOBAL FUNDING II | 1.5 | 17 Nov 2026 |
| WHIRLPOOL CORPORATION | 4.5 | 1 Jun 2046 |
| SMURFIT KAPPA | 5.777 | 3 Apr 2054 |
| DISCOVERY COMMUNICATIONS LLC | 4.125 | 15 May 2029 |
| SMURFIT KAPPA | 5.438 | 3 Apr 2034 |
| JBS USA LUX S.A. | 5.5 | 15 Jan 2030 |
| SMURFIT KAPPA | 5.2 | 15 Jan 2030 |
| WHIRLPOOL CORPORATION | 4.6 | 15 May 2050 |
| ERP OPERATING LIMITED PARTNERSHIP | 2.85 | 1 Nov 2026 |
| MIZUHO FINANCIAL GROUP INC. | 1.234 | 22 May 2027 |
| BARCLAYS PLC | 5.829 | 9 May 2027 |
| CAMDEN PROPERTY TRUST | 5.85 | 3 Nov 2026 |
| DISCOVERY COMMUNICATIONS LLC | 3.95 | 20 Mar 2028 |
| DISCOVERY COMMUNICATIONS LLC | 5.0 | 20 Sep 2037 |
| HSBC HOLDINGS PLC | 4.375 | 23 Nov 2026 |
| ROGERS COMMUNICATIONS INC. | 2.9 | 15 Nov 2026 |
| INTERNATIONAL FLAVORS & FRAGRANCES INC. | 3.268 | 15 Nov 2040 |
| MICRON TECHNOLOGY INC. | 4.185 | 15 Feb 2027 |
| PROCTER & GAMBLE COMPANY | 2.45 | 3 Nov 2026 |
| SWEDBANK AB | 1.538 | 16 Nov 2026 |
| DNB BANK ASA | 1.535 | 25 May 2027 |
| CARDINAL HEALTH INC. | 4.7 | 15 Nov 2026 |
| OREILLY AUTOMOTIVE INC. | 5.75 | 20 Nov 2026 |
| WHIRLPOOL CORPORATION | 4.75 | 26 Feb 2029 |
| DANONE S.A. | 2.947 | 2 Nov 2026 |
| TSMC ARIZONA CORP. | 1.75 | 25 Oct 2026 |
| TOYOTA MOTOR CREDIT CORPORATION | 5.4 | 20 Nov 2026 |
| ENEL AMERICAS S.A. | 4.0 | 25 Oct 2026 |
| LLOYDS BANKING GROUP PLC | 1.627 | 11 May 2027 |
| BANK OF NEW YORK MELLON CORPORATION | 4.947 | 26 Apr 2027 |
| XYLEM INC. | 3.25 | 1 Nov 2026 |
| PUBLIC STORAGE | 1.5 | 9 Nov 2026 |
| WALT DISNEY COMPANY | 3.375 | 15 Nov 2026 |
| NIKE INC. | 2.375 | 1 Nov 2026 |
| GOLDMAN SACHS GROUP INC. | 3.5 | 16 Nov 2026 |
| UNITED PARCEL SERVICE INC. | 2.4 | 15 Nov 2026 |
| DISCOVERY COMMUNICATIONS LLC | 3.625 | 15 May 2030 |
| ABBVIE INC. | 2.95 | 21 Nov 2026 |
| HSBC HOLDINGS PLC | 1.589 | 24 May 2027 |
| DISCOVERY COMMUNICATIONS LLC | 5.2 | 20 Sep 2047 |
| DISCOVERY COMMUNICATIONS LLC | 4.0 | 15 Sep 2055 |
| BAYER US FINANCE LLC | 6.125 | 21 Nov 2026 |
| HYUNDAI CAPITAL AMERICA INC. | 3.5 | 2 Nov 2026 |
| BELROSE FUNDING TRUST | 2.33 | 15 Aug 2030 |
| AON GLOBAL LIMITED | 4.75 | 15 May 2045 |
| PACCAR FINANCIAL CORP. | 5.2 | 9 Nov 2026 |
| MORGAN STANLEY | 1.593 | 4 May 2027 |
| AERCAP IRELAND CAPITAL DESIGNATED ACTIVITY COMPANY | 2.45 | 29 Oct 2026 |
| FAIRFAX FINL HLDGS | 6.1 | 15 Mar 2055 |
| TRUIST BANK | 3.8 | 30 Oct 2026 |
| INTERNATIONAL FLAVORS & FRAGRANCES INC. | 4.375 | 1 Jun 2047 |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING | 1.7 | 12 Nov 2026 |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION | 3.45 | 15 Nov 2026 |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC. | 4.0 | 13 Apr 2028 |
| CITIGROUP INC. | 4.3 | 20 Nov 2026 |
| NETFLIX INC. | 4.375 | 15 Nov 2026 |
| NATIONWIDE BUILDING SOCIETY | 5.264 | 10 Nov 2026 |
| ILLINOIS TOOL WORKS INC. | 2.65 | 15 Nov 2026 |
| ECOLAB INC. | 2.7 | 1 Nov 2026 |
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.