The EURO STOXX 50® Corporate Bond Index is  the only one of its kind in that it tracks the performance of the Euro-denominated, investment grade corporate bonds of the EURO STOXX 50® constituents – the unmatched blue-chip equity index that is established as the gauge of the Eurozone equity market.

 

The index universe represents the most liquid and representative Eurozone investment grade corporate bonds based on a unique set of selection criteria, combining the equity selection criteria with the internationally accepted “European Federation of Financial Analysts Societies” (EFFAS) principles of fixed income indices.

 

The resulting universe, the EURO STOXX 50® Corporate Bond Index, includes the bonds of the top-flight blue-chip companies in the Eurozone, thereby representing the fixed income counterpart of the unrivalled equity index for this region.

 

Chart 1: Top Holdings 

 

 

Indicator of market performance and development

When used in combination with its equity counterpart, the EURO STOXX 50, the bond index can serve as a basis for a consistent analysis  of the bond and equity markets. This combination ultimately provides a more accurate picture of the financial health of the blue-chip companies in the Eurozone, and as such it can serve as a sound indicator of market performance and development.

 

Chart 2: Performance of the EURO STOXX 50® equity and bond indices 

 

 

Stability and diversification

The performance profile of the bond exhibits stability and high risk-adjusted returns, while offering a diversified allocation across geographies, credit ratings, sectors and industries. All bonds are screened to ensure liquidity and investability. As such, the index is perfectly suited as underlying for financial products such as exchange-traded funds (ETFs) and derivatives.

 

Chart 3: Index performance since inception 

 

 

The EURO STOXX 50® Corporate Bond Index provides index users with enhanced transparency  as index calculations will be performed every minute in real-time.