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VanEck Vectors iBoxx EUR Corporates UCITS ETF

Index Description

The Markit iBoxx EUR Liquid Corporates Index is a weighted index composed of 40 liquid investment grade corporate bonds denominated in Euro. At the time of inclusion of the bonds in the index, the bonds must have an investment grade rating. The minimum issue size is EUR 750 million and a maximum of one bond per issuer is included in the index.

Underlying Index
Markit iBoxx EUR Liquid Corporates Index (IB8A)


The index has the followings specifications:

  • The index is weighted by market capitalisation.
  • The Markit iBoxx EUR Liquid Corporates Index consists of the approximately 40 largest and most liquid euro denominated corporate bonds.
  • The minimum issue size is at least 750 million euro.
  • Only one bond per issuer can be part of the index
  • The index may be reviewed quarterly on the last trading day of February, May, August and November.
  • The universe of the underlying index consists of all euro denominated bonds.

Index Provider
Markit Group Limited

Index Information

Index Provider IHS Markit
Index Type Total Return
Currency EUR
Inception Date 31 Dec 1998
Rebalance Frequency Quarterly
Bloomberg Ticker IB8A

Index Fundamentals
as of 03 Dec 2021

  • Yield to Worst

    0.27%
  • Yield to Maturity

    0.37%
  • Effective Duration (yrs)

    5.30
  • Years to Maturity

    5.80
  • Modified Duration (yrs)

    5.30
  • Coupon

    1.12%

Index Top 10 Constituents (%) as of 30 Nov 2021

Total Constituents: 40
Constituent Name
Coupon
Maturity Weighting (%)
Anheuser-Busch Inbev Sa/
0.000
22 Jan 2027
4.30
Novartis Finance Sa
0.000
23 Sep 2028
3.96
Ibm Corp
0.000
31 Jan 2023
3.80
Daimler Intl Finance Bv
0.250
06 Nov 2023
3.80
At&T Inc
1.600
19 May 2028
3.75
Dh Europe Finance
0.000
18 Sep 2031
3.70
Exxon Mobil Corporation
0.142
26 Jun 2024
3.25
Dnb Bank Asa
0.000
14 Nov 2023
3.16
Barclays Plc
0.000
02 Apr 2025
3.16
Goldman Sachs Group Inc
0.000
27 Mar 2025
3.16
Top 10 Total (%) 36.04
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 30 Nov 2021

  • Country

    Weightings (%)
  • Germany

    34.8
  • United States

    30.2
  • Switzerland

    9.2
  • United Kingdom

    7.5
  • Canada

    4.7
  • Belgium

    4.3
  • Norway

    3.2
  • Netherlands

    2.4
  • Austria

    2.2
  • France

    1.6

Index Sector Weightings (%) as of 30 Nov 2021

  • Sector

    Weightings (%)
  • Financial

    40.1
  • Consumer, Non-cyclical

    17.3
  • Consumer, Cyclical

    14.1
  • Industrial

    9.1
  • Communications

    6.4
  • Energy

    5.4
  • Technology

    3.8
  • Basic Materials

    2.1
  • Utilities

    1.6

Index Credit Quality (%) as of 31 Oct 2021

Composite % of Net Assets
Investment Grade AA 15.42
A 34.58
BBB 50.01
Total Investment Grade -- 100.00
Not Rated -- --
Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.

Maturity (%) as of 30 Nov 2021

 Average Maturity: 5.39 Years