Cbonds Canada Corporate HY USD T-spread Index

The weighted average T-spread according to the Canadian corporate high-risk bond and Eurobond market index is a portfolio of fixed-rate coupon securities issued in US dollars with a remaining maturity of at least 360 days and an issue volume of at least $500 million. The index includes securities that were quoted on the Cbonds website for at least 16 trading days last month and have a credit rating of at least B3/B- and not higher than Ba1/BB+ from at least two leading rating agencies. The revision of the list of issues forming the index, as well as the inclusion of new issues, is carried out monthly.