CDS IndexCo and Markit Announce Additions to the CDX North America High Yield Index, Which is Expected to Roll on September 27, 2007.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CDS IndexCo LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("CDS IndexCo"), a consortium of 16 investment banks licensed as market makers in the CDX CDX Companion Dog Excellent (AKC Obedience Title) CDX Cyber-Defense Exercise CDX Central Data Exchange CDX Community Development Exchange (UK community development organization) CDX Commercial Data Exchange indices, and Markit Group Limited ("Markit"), the leading provider of independent data, portfolio valuations and OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). derivatives trade processing, today announced which companies will be added to the CDX NA High Yield Index (CDX.NA.HY). The index is expected to roll on September 27, 2007. The portfolio selection process was conducted by Markit, the index administrator, with input from the member banks of the CDS IndexCo consortium. The member banks that are part of the CDS IndexCo consortium include: ABN AMRO, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Barclays Capital, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System , and Wachovia. COMPANIES TO BE ADDED TO AND REMOVED FROM THE CDX.NA.HY INDEX The following table outlines the companies that will be added to and removed from the CDX.NA.HY Index. Companies that were removed from the index were announced on September 6, 2007, after the close of market via press release. The changes to the index will be effective as of the roll date. [TABLE OMITTED] The index is scheduled to roll every six months in order to rebalance the portfolio as necessary. To view the underlying constituents of each index, daily prices and spreads, constituent information and documentation for CDX.NA.HY, please go to www.markit.com. Note to Editors: About CDS IndexCo CDS IndexCo is a consortium of 16 investment banks which are licensed as market makers in the CDX indices. The market makers include: ABN AMRO, Bank of America, Barclays Capital, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, UBS, and Wachovia. About Markit Markit Group Limited ("Markit") is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets. The company receives daily data contributions from over 85 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance. |
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