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The iBOXX.CDX Consortium is Pleased to Announce the Names Comprising
iBOXX.CDX.NA.IG.2
NEW YORK, March 19 /PRNewswire/ -- The iBOXX.CDX consortium today announced the
composition of the new 125-name portfolio known as iBOXX.CDX.NA.IG.2. The index
begins trading on March 22, 2004, and matures on September 20, 2009. Coupon
setting, which was completed at 12:00 Noon on Thursday, March 18, 2004, will be
officially announced to the broad market today, Friday, March 19 at 5:00pm.
The complete 125-name portfolio is listed below. The amendments consist of the
removal of six companies which are replaced by six that had not previously been
included. They are:
Removals Additions
AT&T Wireless Services Inc. Alltell Corporation
Amerada Hess Corporation CenturyTel Incorporated
Computer Associates Intl., Inc. CVS Corporation
Sun Microsystems, Inc. Intelsat
Toys'R'Us Inc. Kerr McGee Corp.
Visteon Corporation Supervalu Inc.
Issuer Ticker Sub-Index High Vol
ALCAN INC. AL Industrial
ALCOA INC. AA Industrial
BOEING CAPITAL CORPORATION BA Industrial
BOMBARDIER CAPITAL INC BOMB Industrial Y
BURLINGTON NORTHERN SANTA FE
CORPORATION BNI Industrial
CATERPILLAR INC CAT Industrial
CENTEX CORPORATION CTX Industrial
CSX CORPORATION CSX Industrial
DEERE & COMPANY DE Industrial
DELPHI CORPORATION DPH Industrial Y
DOW CHEMICAL COMPANY, THE DOW Industrial
DUPONT, E.I. DE NEMOURS & CO. DD Industrial
EASTMAN CHEMICAL COMPANY EMN Industrial
FORD MOTOR CREDIT COMPANY F Industrial Y
GENERAL MOTORS ACCEPTANCE CORP GM Industrial Y
GOODRICH CORPORATION GR Industrial Y
HONEYWELL INTERNATIONAL INC. HON Industrial
INGERSOLL-RAND COMPANY IR Industrial
INTERNATIONAL PAPER COMPANY IP Industrial
LOCKHEED MARTIN CORPORATION LMT Industrial
MEADWESTVACO CORPORATION MWV Industrial
NORFOLK SOUTHERN CORPORATION NSC Industrial
NORTHROP GRUMMAN CORPORATION NOC Industrial
PULTE HOMES, INC. PHM Industrial Y
RAYTHEON COMPANY RTN Industrial
ROHM AND HAAS COMPANY ROH Industrial
TEXTRON FINANCIAL CORPORATIONTXT Industrial
UNION PACIFIC CORPORATION UNP Industrial
WEYERHAEUSER CO. WY Industrial
ALBERTSON'S, INC ABS Consumer Y
ALTRIA GROUP, INC. MO Consumer Y
AMGEN INC. AMGN Consumer
BAXTER INTERNATIONAL, INC. BAX Consumer
BRISTOL-MYERS SQUIBB CO BMY Consumer
CAMPBELL SOUP CO. CPB Consumer
CARNIVAL CORPORATION CCL Consumer
CENDANT CORPORATION CD Consumer
CONAGRA FOODS, INC. CAG Consumer
CVS Corp. CVS Consumer
FEDERATED DEPARTMENT STORES, INC. FD Consumer
GENERAL MILLS, INC. GIS Consumer
HARRAH'S OPERATING COMPANY, INC. HET Consumer Y
JONES APPAREL GROUP INC. JNY Consumer
KRAFT FOODS INC KFT Consumer
KROGER CO., THE KR Consumer
MARRIOTT INTERNATIONAL INC. MAR Consumer
MAY DEPARTMENT STORES CO. MAY Consumer
MAYTAG CORPORATION MYG Consumer
MCDONALD'S CORP. MCD Consumer
NEWELL RUBBERMAID INC NWL Consumer
NORDSTROM INC JWN Consumer
SAFEWAY INC. SWY Consumer Y
SEARS ROEBUCK ACCEPTANCE CORP S Consumer
SOUTHWEST AIRLINES CO. LUV Consumer Y
SUPERVALU INC. SVU Consumer
TARGET CORP TGT Consumer
TYSON FOODS INC. TSN Consumer Y
WAL-MART STORES INC WMT Consumer
WHIRLPOOL CORPORATION WHR Consumer
WYETH WYE Consumer
AMERICAN ELECTRIC POWER CO.INC. AEP Energy
ANADARKO PETROLEUM CORPORATION APC Energy
CONOCOPHILLIPS COP Energy
CONSTELLATION ENERGY GROUP, INC. CEG Energy
DEVON ENERGY CORP DVN Energy
DOMINION RESOURCES, INC. D Energy
DUKE ENERGY CORPORATION DUK Energy
FIRSTENERGY CORP FE Energy Y
HALLIBURTON COMPANY HAL Energy Y
KERR McGEE Corp. KMG Energy Y
NATIONAL RURAL UTILITIES COOPERATIVE
FINANCE CORPORATION NRUC Energy
PROGRESS ENERGY, INC. PGN Energy
SEMPRA ENERGY SRE Energy
TRANSOCEAN INC. RIG Energy
VALERO ENERGY CORPORATION VLO Energy
ACE LIMITED ACE Financials
AETNA INC. AET Financials
ALLSTATE CORP. (THE) ALL Financials
AMERICAN EXPRESS COMPANY AXP Financials
AMERICAN INTERNATIONAL GROUP AIG Financials
CAPITAL ONE BANK COF Financials
CHUBB CORPORATION CB Financials
CIGNA CORP. CI Financials Y
CIT GROUP INC CIT Financials
COUNTRYWIDE HOME LOANS, INC. CFC Financials
EOP OPERATING LIMITED PARTNERSHIP EOP Financials
FEDERAL HOME LOAN MORTGAGE
CORPORATION FHLMC Financials
FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA Financials
GENERAL ELECTRIC CAPITAL CORPORATION GE Financials
HARTFORD FINANCIAL SERVICES GROUP HIG Financials
INTERNATIONAL LEASE FINANCE CORP. AIG Financials
LOEWS CORP. LTR Financials Y
MBIA INSURANCE CORPORATION MBI Financials
MBNA CORP. KRB Financials
METLIFE INC MET Financials
SIMON PROPERTY GROUP, L.P. SPG Financials
WASHINGTON MUTUAL INC WM Financials
WELLS FARGO & COMPANY WFC Financials
XL CAPITAL LTD XL Financials
ALLTEL Corp. AT TMT
ARROW ELECTRONICS, INC. ARW TMT Y
AT&T CORP T TMT Y
BELLSOUTH CORPORATION BLS TMT
CenturyTel Inc. CTL TMT Y
CINGULAR WIRELESS LLC CNG TMT
CITIZENS COMMUNICATIONS COMPANY CZN TMT Y
CLEAR CHANNEL COMMUNICATIONS INC. CCU TMT
COMCAST CABLE COMMUNICATIONS, INC. CMCSA TMT Y
COMPUTER SCIENCES CORPORATION CSC TMT
COX COMMUNICATIONS, INC. COX TMT
EASTMAN KODAK COMPANY EK TMT Y
ELECTRONIC DATA SYSTEMS CORPORATION EDS TMT Y
HEWLETT-PACKARD COMPANY HPQ TMT
INTELSAT INTEL TMT Y
INTERNATIONAL BUSINESS MACHINES
CORPORATION IBM TMT
LIBERTY MEDIA CORPORATION L TMT Y
MOTOROLA INC. MOT TMT Y
NEWS AMERICA INC NCP TMT Y
OMNICOM GROUP INC. OMC TMT
SBC COMMUNICATIONS INC SBC TMT
SPRINT CORPORATION FON TMT Y
TIME WARNER INC TWX TMT Y
VERIZON GLOBAL FUNDING CORP. VZ TMT
VIACOM INC VIA TMT
WALT DISNEY COMPANY, THE DIS TMT
About iBOXX.CDX
A 125-name tradable index of credit default swaps ("CDS") onU.S. companies
organized by a consortium of leading CDS market makers. The consortium is
currently comprised of 12 members: ABN AMRO, Barclays Capital, Bear Stearns,
Citigroup, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, HSBC Bank
USA, Lehman Brothers, Merrill Lynch, UBS and Wachovia. The index is administered
by iBOXX, an independent credit index provider with multiple contributor
pricing. The iBOXX CDX index is listed on Bloomberg under the symbol "CDX CDS
".
(iBOXX.CDX)
DATASOURCE: Barclays Capital
CONTACT: Kimberly Williams, Corporate Communications of ABN AMRO,
+1-212-409-7569, or Karina Byrne, Corporate Communications of Barclays
Capital, +1-212-412-7561, or Karen Besa, Corporate Communications of Bear
Stearns,+1-212-272-2097, or Danielle Romero-Apsilos, Corporate and Investment
Banking Group Communications of Citigroup, +1-212-816-2264, or John Gallagher,
Corporate Communications of Credit Suisse First Boston, +1-212-325-0932, or
Harriet Benson, Press Office of Deutsche Bank, +1-212-250-4864, Ed Canaday,
VP, Media Relations of Goldman Sachs, +1-212-357-0005, Pamela Plehn, Group
Public Affairs of HSBC Bank USA, +1-212-525-6282, or Kerrie Cohen, Corporate
Communications of Lehman Brothers, +1-212-526-4092, or Michael Duvally, Media
Relations of Merrill Lynch, +1-212-449-3260, or Kris Kagel, Corporate
Communications of UBS, +1-212-713-8703, or Jim Pierpoint, Corporate
Communications of Wachovia, +1-704-374-6512
Web site: http://www.barcap.com/