Invesco Indexing, LLC has noted the International Organization of Securities Commission’s (IOSCO) July 3, 2023, “Statement on Alternatives to USD Libor.” While neither the USD Across-the-Curve Credit Spread Indexes (AXI) or the USD Financial Conditions Credit Spread Indexes (FXI) were included in the scope of IOSCO’s review, we recognize the comments and recommendations that the Statement contained for the relevant administrators. We look forward to continuing to provide transparency into how the AXI and FXI indexes are constructed, and we remain committed to developing and maintaining all of our indexes in compliance with the highest international standards and requirements.
For more information about AXI and FXI, please see the brochure and FAQs.
To review Invesco Indexing’s governance information, please visit invescoindexing.com/en/governance.