Obligations Global Corporate bonds USD 1-3y
The iBoxx USD Liquid Investment Grade Ultrashort Index includes corporate bonds with short maturity and meet a minimum credit rating. Bonds included are denominated USD, with fixed interest rates have a time to maturity between 0 and 1 year and those with floating rates between 0 and 3 years. The index uses a market-value weighted methodology with a cap on each issuer of 3%.