Markit adds company for series 13 roll of iTraxx Asia ex-Japan IG

By Jennifer Chiou

New York, March 15 - Markit Group Ltd. announced the addition of Noble Group Ltd. for the series 13 roll of the Markit iTraxx Asia ex-Japan Investment Grade index.

It replaces PTT Aromatics and Refining Public Co. Ltd.

The series will roll on March 22.

According to a company release, the Markit iTraxx Asia ex-Japan IG has a maturity of June 20, 2015 with a coupon of 100 basis points along with a recovery rate of 40%.

Markit provides independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets.

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