The constituent companies for the iTraxx Series 24 have been announced. YieldReport readers will recall that the iTraxx credit default index is reviewed every March and September with a new series replacing the old. The Series 24 Australian iTraxx index has only one change – Asciano has been replaced by Goodman Funds Management. The new Series 24 index will begin trading on Monday 21 September and is likely to start at around 124 – a change of +12 (approx.) over Series 23. For a full explanation of the iTraxx index read What is iTraxx?
iTRAXX AUSTRALIA Series 24
