Fixed Income Indices | Full Call Corporate Action | 24th July 2023
The bonds will be removed from the index which follow the direct reinvestment approach and set to 0 in the indices that use the periodic reinvestment approach. The weight of the bonds will be equally redistributed among the other index members.
Adjustments
| Name | Coupon | Maturity | Index | Amount | Effective Date | Price |
|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP | 6.548 | 2024-07-23 | .MVFLTR | 500,000,000 | 2023-07-24 | 100.00 |
| BANK OF AMERICA CORP | 6.528 | 2024-07-23 | .SOESGBUS/.SOESGBUG | 2,500,000,000 | 2023-07-24 | 100.00 |
| JPMORGAN CHASE & CO | 6.478 | 2024-07-23 | .SOESGBUS/.SOESGBUG | 2,500,000,000 | 2023-07-24 | 100.00 |
| JPMORGAN CHASE & CO | 6.478 | 2024-07-23 | .MVFLTR | 1,000,000,000 | 2023-07-24 | 100.00 |
For more details on the index composition and the adjustment rules applicable to an index, please refer to the respective index detail page on this website.