FRANKFURT, Germany (December 27, 2023)  –  MarketVector IndexesTM ("MarketVector") announces the following rule change for the MCM-BlueStar® Israel Bonds Index (MBILB) effective with the implementation of the monthly review in January 2024: 

  • In addition to the weighting strategy described above, the following procedure is applied: The aggregate weight of issuers with a weight of 5% or more shall not exceed 50%. In this scenario, the weight of the smallest issuer by aggregate weight with a weight of 5% or more and all other issuers with a weight between 4.5% and 5% will be reduced to 4.5% and redistributed among all remaining issuers with a weight less than 4.5% on a pro-rata basis, and this process is repeated until aggregate weight of issuers with a weight of 5% or more are not above 50%.

The amended Index Guide will be available for download at https://marketvector.com/index-guides.

Kind Regards,

MarketVector IndexesTM