Standardized Total Return Swap (TRS) contracts enable investors to efficiently gain or hedge exposure to the corporate bond and leveraged loan markets. The contracts exist on a selection of global iBoxx indices.
TRS contracts are available for select iBoxx indices including:
- iBoxx EUR Corporates
- iBoxx USD Domestic Corporates
- iBoxx GBP Corporates
- iBoxx EUR Liquid HY
- iBoxx USD Liquid HY
- iBoxx USD Liquid Leveraged Loan Index
- iBoxx Trepp CMBS Original AAA Rolling Index
Key benefits:
- Efficiency – Use instruments to express views on the corporate credit market
- Effective monitoring – Reduce tracking errors or rolls with a built-in rebalancing mechanism
- Recognized benchmarks – iBoxx indices are widely used, recognized benchmarks for credit investors
- Independent data – Rely on multi-sourced pricing used for constituents
- Representative – Leverage replicable indices for each market covered
