The ABS – Asset Backed Securities - (Other) sub-industry sector comprises consists of Non-Bank Structured Finance Vehicle companies that collateralise assets for which no separate sub-industry sector exist within the CMD model and packages the specific assets together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - (Undisclosed) sub-industry sector comprises consists of Non-Bank Structured Finance Vehicle companies that collateralise undisclosed assets and packages the undisclosed assets together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Aircraft Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise aircraft financing or debt and leases collateralised into tranches of notes with varying risk profiles. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - CBO, or Collateralized Bond Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid and below investment grade bonds, diversifying the risk to create investment grade bonds whist maintaining an above market return. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - CDO, or Collateralized Debt Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid debt and or loans to create marketable debt securities or bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Asset Backed Securities - CLO, or Collateralized Loan Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid loans to create marketable debt securities or bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - Commercial Mortgage Backed Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various commercial mortgages and packages it together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Consumer Loans sub-industry consist of all the companies that offer loans to consumers for specific type of expenditures, these can be secured or unsecured. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Credit Card Receivables or Credit Card Receivables Securities sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various credit card debt and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Equipment Finance or Asset Backed Securities - Equipment Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various commercial equipment debt and leases and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Funding Agreement - backed sub-industry consist of all the companies that exclusively issue - Funding Agreement - backed Notes, which are notes backed primarily by deposit-type contracts issued by insurance companies. The funding agreements serve as the underlying asset and source of payment for the notes. The notes generally have terms (rate, maturity, principal) that match those of the funding agreements, and investors rely on the insurer’s obligation to honor these agreements for payment. FABNs offer liquidity by converting long-term, illiquid funding agreements into shorter-term, marketable securities
The ABS – Asset Backed Securities - Healthcare Receivables, or Healthcare Receivables Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various healthcare receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Limited Purpose Finance Company consists of Non-Bank Structured Finance Vehicle companies established to invest in certain types of asset backed securities, and attempts to profits from the difference in the returns from the investments and the cost of funding the investment. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities Mixed Assets or Mixed Asset Backed Securities sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various assets and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS- Property LEase Receiveables or Asset Backed Securities Property Lease Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various property lease receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Property Rent Receivables or Asset Backed Securities - Property Rent Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various property rental receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Public House Receivables or Asset Backed Securities - Public Housing Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various public housing receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities -Repackaging or Asset Backed Securities of the Repackaging sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various assets that were already securitized but unsold, it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Repo Conduit The ABS – Asset Backed Securities - Repo Conduit, or Repurchase Conduit consists of Non-Bank Structured Finance Vehicle companies that issues commercial paper which is backed by repurchase when mature. Example of this is Banks purchasing government bonds and then leveraged their income statement by selling the bonds on a repurchase agreement so they get the original amount spent on the bonds they purchased and invest in the other areas with better returns and then when the contract matures the banks repurchase the bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - Residential Mortgage Backed sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various residential mortgages and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - SIV, or Structured Investment Vehicle sub-industry consists of Non-Bank Structured Finance Vehicle companies that issue short-term commercial paper to finance purchases of long-term assets. SIV’s attempt to profit off the credit spread between the commercial paper they issued and the long term asset they purchased. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - SME or Asset Backed Securities of Small and Medium Enterprises Asset Backed Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise SME corporate debt and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - SPV, or Special Purpose Vehicle sub-industry consists of Non-Bank Structured Finance Vehicle companies created by corporations that are used for a specific purpose to finance an investment with limited liability. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Student Loans Asset Backed Securities - Student Loans sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise student loans and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Trade Receivables or Asset Backed Securities of Trade Receivable sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise business’s trade receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Vehicle Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise vehicle financing or debt and leases collateralised into tranches of notes with varying risk profiles. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Whole Business or Asset Backed Securities of Whole Business, or Whole Business Securitization sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a business’s operating assets, but the business keeps complete control of the asset. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
An Adler bond is an EUR-denominated bond issued by a non-German entity in the German Foreign Bond market.
The Advertising sub-industry sector comprises all companies that offer sponsored marketing communication through advertising, marketing or public relations services.
The Aerospace & Defense sub-industry sector comprises all companies that manufacture, service and sell commercial aircrafts and those that supply a country with weaponry and systems designed to carry out operations on land,sea and air.
The Agricultural & Farm Machinery sector comprises all the companies that manufacture equipment for production, harvesting and care of farm products.
The Agricultural Products & Services sub-industry sector comprises all businesses that primarily cultivate plants, and animals. This includes crop growers, owners of plantations and companies that produce and process foods but do not package and market them. This excludes companies classified in the Forest Products Sub-Industry and those that package and market the food products classified in the Packaged Foods & Meats sub-Industry.
The Air Freight & Logistics companies sub-industry sector comprises all companies that ship goods through air.
The Airport Services sub-industry sector comprise all the businesses that are related to transit of passengers, goods, sale of tickets and complementary services for airport travellers.
An Alpine bond is a CHF-denominated bond issued by a non-Swiss entity in the Swiss Foreign Bond market.
The Alternative Carriers sub-industry sector comprises all providers of communications and high-density data transmission services primarily through a high bandwidth/fiber-optic cable network.
The Aluminum manufacturing sub-industry sector comprises all companies that refine aluminium for major users in other sectors such as engeeniring, packaging, transport and construction sector.
The Assset Management - Credit Strategies sub-industry sector comprises funds that employ credit strategies to achieve aboe market investment returns.
The Assset Management - EMMF or European Money Market Fund is a fund that operates in Europe and invests in short-term debt securities such as commercial paper, Repo and other instruments. EMMF are typically regulated under UCITS and are therefore synonymous with UCITS Money Market Funds. UCITS is a regulatory framework that creates a harmonized regime throughout Europe for the management and sale of mutual funds.
The Assset Management - EMMF - LVNAV or Low Volatility Net Asset Value is a type of fund that is a European Money Market Fund. This is one out of three fund structures under the regulations of the MMF in Europe. This can be redeemed at a constant price, providing the value of the assets in the fund not deviating more than .2% from the NAV calculated.
The Assset Management - EMMF - PDCNAV or public debt constant net asset value fund is a short-term MMF or Standard MMF fund that is a European Money Market Fund. The PDCNAV must invest a minimum of 99.5% of their assets in Public debt and cash.
The Assset Management - EMMF - S-T VNAV or short-term Variable Net Asset Value are European MMFs in which investors purchase or redeem units in the fund at a variable net asset value. The price is calculated to the price calculated to the equivalent of at least four significant figures.
The Assset Management - EMMF - Std VNAV is a European Money Market Funds in which units in the funds are purchased or redeemed at a variable price calculated to the equivalent of at least four significant figures.
The AM – General Asset Management, or General Asset Management sub-industry sector consists of funds that do not fall in any of the other Asset Management sector classifications.
The AM – Hedgefund sub-industry sector consists of funds that trade in relatively liquid assets and uses trading, portfolio-construction, risk management and leveraging techniques such as short selling, leverage, and derivatives, as well as trading in non-traditional assets to achieve above market investment returns.
The Assset Management - IMMF - LVNAV or Low Volatility Net Asset Value is a type of fund that is a member of the International Money Market Funds Association. This is one out of three fund structures under the regulations of the MMF in Europe. This can be redeemed at a constant price, providing the value of the assets in the fund not deviating more than .2% from the NAV calculated.
The Assset Management - IMMF - PDCNAV or public debt constant net asset value is a short-term MMF or Standard MMF fund that is a member of the International Money Market Funds Association. The PDCNAV must invest a minimum of 99.5% of their assets in Public debt and cash.
The Assset Management - IMMF - S-T VNAV or short-term Variable Net Asset Value are MMFs in which investors purchase or redeem units in the fund at a variable net asset value that is a member of the International Money Market Funds Association. The price is calculated to the price calculated to the equivalent of at least four significant figures.
The Assset Management - IMMF - Std VNAV units in the funds are purchased or redeemed at a variable price calculated to the equivalent of at least four significant figures that is a member of the International Money Market Funds Association.
The Assset Management Pension Fund Pension sub-industry sector consists of a fund which is funded by individuals for building a retirement income.
AM - Private Equity/Venture Capital is a form of private equity where investors facilitate funds for start up companies and small business, which are considered to be successful in the long term.
The Assset Management – USMMF – Government Institutional, or US Institutional Government Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms government debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Government Retail, or US Retail Government Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms government debt securities to grow the retail investor’s portfolio.
The Assset Management – USMMF – Municipal Tax Exempt, or US Municipal Tax Exempt Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms municipal securities, which are exempt of income tax, to grow the client’s portfolio.
The Assset Management – USMMF – Prime Institutional, or US Institutional Prime Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US corporate debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Prime Retail, or US Retail Prime Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US corporate debt securities to grow the retail investor’s portfolio.
The Assset Management – USMMF – Tax Exempt, or US Tax Exempt Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in various US short-terms securities, which are exempt of income tax, to grow the client’s portfolio.
The Assset Management – USMMF – Treasury Institutional, or US Institutional Treasury Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms treasury debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Treasury Retail, or US Retail Treasury Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms treasury debt securities to grow the retail investor’s portfolio.
The Apparel Retail sub-industry sector includes all the companies that design and/or produce and sell clothing to department, specialty shops among others, for the general consumer.
The Apparel, Accessories & Luxury Goods sub-industry sector comprises all companies that manufacture, distribute and market apparel and luxury goods. Most of the producers are owned by larger groups.
The Application Software sub-industry sector comprises of companies that provide consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes. This sector is different from the Computer Hardware sub-industry sector which consists of businesses that manufacture computer semiconductors and other components that make a computer.
The Asset Management & Custody Banks comprises companies with no banking license that safekeep customers' securities and are responsible for the settlement and reporting of their clients assets.
The Automotive Parts & Equipment sub-industry sector comprises all companies that manufacture auto parts and different type of equipment for automobiles and motorcycles. This sub-industry sector does not include companies that are classified in the Tires & Rubber sub-Industry sector.
The Automobile Manufacturers sub-industry sector comprises all companies and organisations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. This sector is different from the ABS - Vehicle Finance sub-industry sector, which consists of Non-Bank Structured Finance Vehicle companies that collateralise a variety of vehicle loans packaging it together to create securitized assets. It is also different from the Car Rental sub-industry Sector which comprises vehicle rental and taxi companies.
The Automotive Retail sub-industry sector comprises vehicle rental and taxi companies. This sector is different from the ABS – Asset Backed Securities - Vehicle Finance sub-industry which consists of Non-Bank Structured Finance Vehicle companies that collateralise a variety of vehicle loans packaging it together to create securitized assets. It is also different from the Automotive sub-industry sector which consists of companies and organisations involved in the design, development, manufacturing, marketing, and selling of motor vehicles.
The Building Society sub-industry consists of regulated bank financial institutions owned by its members and focuses on savings deposits and lending its deposits for mortgages. Building Societies exist in the United Kingdom and in Australia. They are similar to Credit Unions and Cooperative Banks.
The Commercial Bank sub-industry consists of of regulated bank financial institutions that take repayable deposits, provides checking account services, and lends to commercial and individual borrowers.
The Cooperative Bank sub-industry consists of regulated bank financial institutions that provide traditional banking services and is owned and run by their members. The Cooperative Bank is similar to a Credit Unions and Building Societies in the UK and Australia.
The Covered Bond Issuer consists of legal separate companies specifically set up for issuing covered bond debt securities.
The Credit Card sub-industry consists of of regulated bank financial institutions that creates a temporary revolving line of credit for cardholders and processes card transactions on a both a consumer and commercial level.
The Credit Institution sub-industry comprises of regulated bank financial institutions that take repayable deposits and collect payments. This category is used when no other specialised FIG sub-industry sector classifications applies
The Diversified Bank sub-industry consists of regulated bank financial institutions that provide both commercial and investment banking services, as well as other financial services. These banks are also known as universal banks.
The Islamic Bank sub-industry consists of regulated bank financial institutions that operate according to the principles of islamic banking and finance. This differs from Sukuk, which are debt instruments structured specifically to comply with Sharia Law.
The Leasing sub-industry sector comprises regulated bank financial institutions that provide financing against leased collateral assets, such as Equipment. This universe does not include Banks financing vehicle Leasing or Financing, for which CMDportal has a separate sub-industry sector.
The Merchant Bank sub-industry consists of regulated bank financial institutions that focus on international trade by assisting their clients with underwriting and commercial loans to finance commodity trading. In the United Kingdom the term is also used as synonymous with Investment Bank. In the US the term refers to a financial institution that provides capital to companies through share ownership and advisory on corporate matters.
The Mortgage Bank sub-industry consists of regulated bank financial institutions that focuses on underwriting and selling mortgages.
The Bank Municipal Bank sub-industry consists of regulated bank financial institutions that are funded by local government and provides traditional banking services.
The Non-Bank Conduit sub-industry sector comprises of financial institutions that are specific Conduits which fund investment in long-term off-balance assets by issuing short term debt and other instruments. These Conduits typically do not have a banking license, but are part of a banking group. They are different from Covered Bond Issuers, whose debt securities are collateralised by Covered Bond Law. Non-Bank Conduits also are different from Asset Backed Securities (ABS) issuers by leveraging their own debt, whereas Asset Backed securities blend a diversified set of assets.
The Online Bank sub-industry sector comprises regulated bank financial institutions that operate predominantly online without or with very limited branches.
The Private Bank sub-industry consists of regulated bank financial institutions that focus on private individual banking and financial services to “high net worth individuals.”
The Public Bank sub-industry consists of commercial regulated bank financial institutions that are fully owned by the state but not guaranteed by the state. These institutions also have a public type mandate.
The Savings Bank sub-industry consists of regulated bank financial institutions that gather savings deposits and the excess deposits are lent to borrowers.
The Vehicle Financing sub-industry consists of regulated bank financial institutions that focuses on financing vehicles and hold liens on vehicles until paid off. These companie are different from ABS Vehicle financing companies in that they hold a banking license.
An Bauhinia bond is an HKD-denominated bond issued by a Hong-Kongese entity in the Hong-Kongese Domestic Bond market.
A bearer bond is a bond (or other type of negotiable bearer debt instrument) where no registration is required for ownership to pass.
A Beaver bond is a CAD-denominated bond issued by a Canadian entity in the Canadian Domestic Bond market.
A Bellflower bond is a CLP-denominated bond issued by a Chilean entity in the Chilean Domestic Bond market.
A Beret bond is an EUR-denominated bond issued by a French entity in the French Domestic Bond market.
A Berliner bond is an EUR-denominated bond issued by a German entity in the German Domestic Bond market.
The Biotechnology sub-industry sector comprise all the businesses that do research or apply natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services.
A Braai bond is a ZAR-denominated bond issued by a South-African entity in the South-African Domestic Bond market.
The Brewers sub-industry comprises all the companies that are dedicated to production and sale of beer. These companies manufacture beer from cereals in brewers or beerhouses. The process in brewing includes malting, milling, mashing, lautering, boilling, fermenting, conditionating, filtering and packaging.
The Broadcasting sub-industry sector comprises all companies that own or operate of television or radio broadcasting systems, including programming. Includes radio and television broadcasting, radio networks, and radio stations.
The Broadline Retail sub-industry sector comprises of companies that offer a wide range of consumer discretionary merchandise to end consumers. This Sub-Industry includes general and discount merchandise retailers, department stores and on-line retailers and marketplaces selling mostly consumer discretionary merchandise. This sector does not include Food and Drug Retailers.
A Brownie bond is an USD-denominated bond issued by a United-States entity in the USA Domestic Bond market.
The Building Products sub-industry sector comprises manufacturers of construction materials such as wood, glass, sand, clay, cement, concrete and bricks. This sector does not include Steel and other Metal manufactures.
A Bulldog bond is a GBP-denominated bond issued by a non-British entity the British Foreign Bond market.
The Cable & Satellite sub-industry sector comprises all companies that offer cable or satellite television services. This sub-industry sector includes cable networks and program distribution.
A Caravela bond is an EUR-denominated bond issued by a non-Portugese entity in the Portuguese Foreign Bond market.
The Cargo Ground Transportation sub-industry sector comprises companies that provide ground transportation services for goods and freight.
The Casinos & Gaming sub-industry sector comprises all companies that offer service of any type of gambling and betting. The definition for gambling is slighly different to that of gaming as the outcome in gambling and betting can be given by chance, whereas in the gaming sub-industry the outcome requires the user to have some specific skills.
A Cinnamon bond is a SEK-denominated bond issued by a Swedish entity in the Swedish Domestic Bond market.
The Coal & Consumable Fuels comprises all the companies that produce and supply solid, liquid or gaseous matter to produce energy.
The Commercial & Residential Mortgage Finance sub-inudstry sector comprises companies with no banking license providing commercial and residential mortgage financing and related mortgage services. This Sub-Industry includes non-deposit funded mortgage lending institutions, building societies, companies providing real estate financing products, loan servicing, mortgage broker services, and mortgage insurance.
The Commercial Printing sub-industry sector comprises companies providing commercial printing services. This sub-industry sector includes printers serving the media industry.
The Commodity Chemicals sub-industry sector comprises companies that primarily produce industrial chemicals and basic chemicals. Including production of plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, petrochemicals, fertilizers and agricultural chemicals, industrial gases and various speciality chemicals.
The Communications Equipment sub-industry sector comprises all companies that manufacture methods and types of equipments for communication.
The Computer Hardware sub-industry sector comprises of businesses that manufacture computer semiconductors and other components that make a computer. This sector is different from the Information Technology sub-industry sector in that the latter primarily provides consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes.
The Construction Machinery & Heavy Trucks sub-industry sector comprises all companies that manufacture vehicles for commercial and industrial purposes.
The Construction Materials sub-industry sector comprises manufacturers of construction materials such as wood, glass, sand, clay, cement, concrete and bricks. This sector does not include Steel and other Metal manufactures.
The Construction & Engineering sub-industry sector comprises of companies that design, develop and manufacturer heavy duty trucks, construction equipment and related parts, non-military shipbuilding, agricultural machinery and related parts, industrial machinery and components.
The Consumer Electronics sub-industry sector comprises all companies that create products intended for enterteinment, communication and recreation. This includes manufacturers of TVs, home audio equipment, game consoles, digital cameras, and related products. The Consumer Electronics sub-industry sector excludes personal home computer manufacturers classified in the Technology Hardware, Storage & Peripherals Sub-Industry, and electric household appliances classified in the Household Appliances Sub-Industry.
The Consumer Finance sub-industry sector comprises companies with no banking license that provide credit to consumers for personal and household use.
The Consumer Staples Merchandise Retail sub-industry sector comprises all companies that combines a department store and a grocery supermarket. These type of stores rely upon high-volume, low margin sales. These retailers offer a wide range of consumer staples merchandise such as food, household, and personal care products. This Sub-Industry includes hypermarkets, super centers and other consumer staples retailers such as discount retail spaces and on-line marketplaces selling mostly consumer staples goods.
The Copper sub-industry sector comprises all companies that extract and refine copper to be distributed for other industries.
A Cuckoo bond is a TWD-denominated bond issued by a non-Taiwanese entity in the Taiwanese Foreign Bond market.
A Curanto bond is a CLP-denominated bond issued by a non-Chilean entity in the Chilean Foreign Bond market.
A Daimyo bond is a JPY-denominated bond issued by a Supranational entity in the Japanese Foreign Bond market.
Data Center REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of data center properties.
The Data Processing & Outsourced Services sub-industry sector comprises all companies that provide commercial data processing and/or business process outsourcing services. This Sub-Industry includes companies providing services for customer experience management, back-office automation, call center management, and investor communications.
The Development Bank sub-industry sector comprises private not government owned or directed regulated development banks that provide risk capital for non-commercial purposes to develop economic projects.
A Dim Sum bond is a CNY-denominated bond issued by a not-Chinese entity in the Hong-kongese Foreign Bond market.
The Distillers & Vintners sub-industry sector comprises all retailes that specialise in marketing and distribution of alcohol-drinks and some luxurious ones.
The Distributors sub-industry sector comprises companies that are distributors and wholesalers of general merchandise not classified elsewhere. This sector includes vehicle distributors.
The diversified Capital Markets sub-industry sector comprises of companies that are serve as finance companies providing financial services, including intergroup borrowing and lending. Typically these companies and their debt issues operate with a guarantee or other type support arrangement form the parent. A financial corporate is not an issuer of asset backed instruments.
The Diversified Chemicals sub-industry sector comprises all companies that are producers of chemicals that have not been identified as industrial gases, commodity chemicals or specialty chemicals.
The Diversified Financial Services sub-industry sector comprises companies with no banking license that provide a diverse range of financial servics, including credit agencies, stock exchanges and specialty boutiques with some interest in a wide range of financial services including banking, insurance and capital markets, but with no dominant business line. The Diversified Financial Services sub-industry sector excludes companies classified in the Regional Banks and Diversified Banks sub-Industry sectors.
The Diversified Metals & Mining sub-industry sector comprises all companies that extract different metals and minerals and manufacture and supply a wide range of products for many different sectors.
Diversified Real Estate Activities companies are engaged in a diverse spectrum of real estate activities including real estate development & sales, real estate management, or real estate services, but with no dominant business line.
The Diversified REIT sub-industry sector comprises of companies or trust with significantly diversified operations across two or more property types. REITs invests in real estate properties and/or mortgages and typically passes their income to the shareholders through dividend payments.
The Diversified Support Services sub-industry sector comprises companies that provide residential services, home security, legal services, personal services, renovation and interior design services, consumer auctions and wedding and funeral services. It does not include companies providing educational services. This is different from Consumer Products sub-industry sector where the product is a physical item or good.
A DLT bond is a bond whose register of ownership is stored using Distributed Ledger Technology (DLT). A blockchain bond is a specific type of DLT. DLTs may take various forms, while a blockchain uses one specific infrastructure that uses a linear system of blocks to record and verify information in a decentralized, distributed and public ledger made up of blocks each representing individual transactions.
The Drug Retail sub-industry comprises all the stores that provide prescripted or non-prescripted medicines and health related products.
A Dumpling bond is a CNY-denominated bond issued by a Chinese entity in the Chinese Domestic Bond market.
An Edelweiss bond is a CHF-denominated bond issued by a Swiss entity in the Swiss Domestic Bond market.
The Education (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Education Services sub-industry sector comprises companies providing educational services, either on-line or through conventional teaching methods. Includes, private universities, correspondence teaching, providers of educational seminars, educational materials and technical education.
The Electronic and Electrical Equipment sub-industry sector comprises of companies that primarily manufacture electronic supplies and equipment (wires, transistors, insulators, electric motors, batteries, etc.) This sector does not include Computer Hardware producers.
The Electricity sub-industry sector comprises companies that produce or distribute electricity. This includes both nuclear and non-nuclear facilities.
The Electricity (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Electronic Components comprises all the companies that manufacture electric equipment and components.
The Electronic Equipment & Instruments sub-industry sector comprises of companies that primarily manufacture electronic supplies and equipment (wires, transistors, insulators, electric motors, batteries, etc.) This sector does not include Computer Hardware producers.
The Electronic Manufacturing Services is a sub-industry sector that consists of businesses that manufacture computer semiconductors and other components that make a computer. This sector is different from the Information Technology sub-industry sector in that the latter primarily provides consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes.
An Elk bond is a SEK-denominated bond issued by a non-Swedish entity in the Swedish Foreign Bond market.
The Environmental & Facilities Services sub-industry sector comprises all companies that provide environmental and facilities maintenance services. This includes waste management, facilities management and pollution control services.
A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
A Europa bond is a EUR-denominated bond issued by a European entity in the European Domestic Bond market. These bonds are also sometimes referred to as Eurozone Bonds or Corona Bonds or Stability Bonds.
The Fertilizers & Agricultural Chemicals sub-industry comprises all the companies that produce fuels for agriculture use, fertilizers and pesticides. The aim is to make crops more productive and control weeds and animal infestation.
The Financial Exchanges & Data comprise all the businesses that handle pricing of financial instruments reported by trading venues.
A Fjord bond is a NOK-denominated bond issued by a Norwegian entity in the Norwegian Domestic Bond market.
The Food Distributors sub-industry sector comprises all companies that handle, transport and store food products. These companies also distribute the food products to food service operators.
The Food and Drug Retailers sub-industry sector comprises owners and operators of supermarkets selling food and consumer staple products, general food retail stores, drug retail stores and pharmacies. This sub-industry sector also includes distributors of food products to other companies and not directly to the consumer.
The Footwear sub-industry sector comprises a multitude of footwear manufacterers, wholesalers and retailers.
The Forest Products sub-industry sector comprises companies whose main line of business is manufacturing timber to produce desired wood and paper products.
A Formosa bond is a non-TWD-denominated bond issued by a non-Taiwanese entity in the Taiwanese Foreign Bond market. This bond can be cleared in the Eurobond market with clearing through TDCC's account with Euroclear or Clearstream.
The Gas Utilities sub-industry sector comprises all companies that distribute and deliver natural gas through a pipeline transmission.
A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.
The gold sub-industry comprises all the companies deidcated to the extraction and refinement of gold.
A Goldcrest bond is an EUR-denominated bond issued by a non-Luxembourgian entity in the Luxembourgian Foreign Bond market.
A Goulash bond is a HUF-denominated bond issued by a Hungarian entity in the Hungarian Domestic Bond market.
The Government - Agency / Department sub-industry consists of legal entities that act as part of the State.
The Government Central Bank sub-industry consists of legal entities that manage the financial system including the currency and reserves of a country through monetary policy and bank / financial institution supervision regulations.
The Government – Corporate, or Government-Owned Corporation sub-industry sector sub-industry consists of companies owned by the State and in which the State has significant influence. These companies typically perform services for the government, in the private, or public sector.
The Government – Development Bank, or Government Development Bank sub-industry consists of public financial institutions that finance projects which generate economic development. These legal entities are different from Private/Commercial Development Banks, which are privately funded and do not run with a public mandate as promoted by the State.
The Guaranteed sub-industry sector sub-industry consists of a legal entities that issue debt which is guaranteed by the State.
The Government - Local Authority/Municipality, or Local Authority /Municipality sub-industry sector sub-industry consists of legal entities of the State that have jurisdiction over a particular county, area or city, town and can set local regulations. A local authority or municipality is typically smaller than a region or a province.
The Government - Region/Provinces, or Region/Province Government sub-industry sector sub-industry consists of sub-industry consists of legal entities of the State that have jurisdiction over a particular region or province and can set regional regulations. A region or province is typically smaller than a the State itself but larger than a local authority or municipality.
The Government - Sovereign, or Sovereign Government sub-industry sector sub-industry consists of legal entities that are the State. State governments have sovereignty and supreme authority over a country and thus can set regulations and administration that impacts the whole state.
The Government – Supranational Institution is an entity that typically has been created by a treaty for a specific purpose and acts on behalf of a number of States.
The Government - Wealth Fund sub-industry sector comprises of public financial institutions that manage sovereign wealth. Thse investment funds are state-owned .
A Hansik bond is a KRW-denominated bond issued by a South-Korean entity in the South-Korean Domestic Bond market.
The Health (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Health Care Distributors sub-industry sector can be considered as the backbone of the Health sub-industry as it links the whole health care sector by distributing all sorts of equipment and consumable products for health care.
The Health Care Equipment sub-industry sector comprises all companies that manufacture and supply equipment for physicians, nurses and other health specialists in patient diagnosis and treatment.
The Health Care Facilities sub-industry sector comprises all companies that have the specific role of treating people offering consultations or surgery. Health Care Facilities can be divided in: hospitals, care centres and specialized care centres.
Health Care REITs are companies or trusts dedicated to own or rent and manage real estate for health care.These can icnlude senior living facilities, hospitals, medical offices, skilled nursing facilities among others.
The Health Care Services sub-industry sector comprises providers of patient health care services not classified elsewhere. Includes dialysis centers, lab testing services, and pharmacy management services. Also includes companies providing business support services to health care providers, such as clerical support services, collection agency services, staffing services and outsourced sales & marketing services.
The Health Care Supplies sub-industry comprises all the companies that provide physicians, nurses or other health specialists with consumable and disposable medical supplies.
The Health Care Technology sub-industry sector comprises all companies that develop the IT tools and sofware required within the Health sub-industry for hospitals and their administrative departments and improve the quality of health provided. The World Health Organisation defines it as the application of organised knowledge and skills in the form of devices, medicines, vaccines, proceedures and systems developed to solve a health problem and improve quality of life".
The Heavy Electrical Equipment sub-industry sector comprises the companies that manufacture equipment for the energy sector such as steam generators, turbo generators, turbines, among other equipment.
A Hellenic bond is an EUR-denominated bond issued by a Greek entity in the Greek Domestic Bond market.
The Highways & Railtracks sub-industry sector comprises companies that own and operate roads, tunnels and railtracks.
The Home Furnishings sub-industry sector comprises all companies that offer items for furnishing houses, including soft home furnishings or furniture, upholstery, carpets and wall-coverings.
The Home Improvement Retail sub-industry comprises all the companies that sell repair and maintenance goods.
The Homebuilding sub-industry sector comprises companies that build and refurbish commercial properties such as hotels and private properties such as houses and apartments.
The Homefurnishing Retail sub-industry comprises all the companies that sell products for decorating houses. It’s a multi-billion that employs a large amount of workers around the world.
The Hotel & Resort REITs are companies or trusts that that manage the hotels they own and focus on the acquisition and ownership of properties.
The Hotels, Resorts & Cruise Lines sub-industry sector comprises of companies that offer a clean space to sleep and meals for travellers by owning and operating hotels, resorts and cruise-ships. The Hotels, Resorts & Cruise Lines sub-industry sector includes travel agencies, tour operators and related services not classified elsewhere. The Hotels, Resorts & Cruise Lines sub-industry sector excludes casino-hotels classified in the Casinos & Gaming Sub-Industry.
The Household Appliances sub-industry sector comprises businesses that manufacture goods and or preform Research and Development that will be used by an individual or a household. Durable are goods that have a longer useful life. This sector does not include Household Goods and Textiles.
The Household Goods and Textiles sub-industry sector comprises of companies that design and manufacture products for consumers and households such as apparel, accessories, luxury goods and footwear.
The Housewares & Specialties sub-industry sector comprises all companies that sell cookware, bakeware, dinnerware, beverageware, flatware and cuttlery.
The Human Resource & Employment Services sub-Industry sector comprises companies that provide business support services relating to human capital management. This includes employment agencies, employee training, payroll processing, benefit & retirement support services, corporate & job seeker recruitment services, and online job portals generating revenue from fees or commissions for offering recruitment services to companies or job seekers.
Independent Power Producers & Energy Traders sub-industry sector comprises all companies that own facilities to generate electric power for legal entities in charge of maintaining public facilities and to end users.
The Industrial Conglomerates sub-industry sector comprises diversified industrial companies with business activities in three or more industrial sectors.
The Industrial Gases sub-industry sector comprises all companies that manufacture equipment for calibration, transport and other equipment for gas.
The Industrial Machinery & Supplies & Components sub-industry sector comprises all companies that produce machines and industrial components.This Includes companies that manufacture presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings and other metal fabrications.
The Industrial REITs are the investment trusts that develop and own industrial facilities and rent space in those properties to tenants, such as warehouses, distribution centres.
The Insurance Brokers sub-industry sector comprises of professionals that are suited to offer the best options of insurances available in the market. They act as intermediaries between consumers and insurance companies, but they do not represent insurance companies.
The Integrated Oil & Gas sub-industry sector comprises all companies that are in the oil&gas sector and specialise in the entire chain of value of the sub-industry that is exploration, production, refinement and distribution. These companies have divisions dedicated to all the streams of the sectors.
The Integrated Telecommunication Services sub-industry sector comprises all companies that transmit information from point to point or point-to-multipoint over distances. Integrated systems use the concept of multiple formats.
The Interactive Home Entertainment sub-industry sector comprises all producers of interactive gaming products, including mobile gaming applications. This sub-industry sector also includes educational software used primarily in the home, but excludes online gambling companies classified in the Casinos & Gaming sub-Industry sector.
The Interactive Media & Services sub-industry sector comprises all companies engaging in content and information creation or distribution through proprietary platforms, where revenues are derived primarily through pay-per-click advertisements. This sub-industry sector also includes search engines, social media and networking platforms, online classifieds, and online review companies.
The Internet Services & Infrastructure sub-industry sector comprises the companies that offer support programs of an organisation.
The Internet Software & Services sub-industry sector comprises all companies that provide services and infrastructure for the internet industry including data centers and cloud networking and storage infrastructure. Also includes companies providing web hosting services. Excludes companies classified in the Software Industry.
The Investment Banking & Brokerage sub-industry consists of financial institutions that provides various financing and investment related services, such as underwriting, mergers and acquisitions, broker services and so on.
The Investment Companies sub-industry sector comprises funds that invest the pooled capital of investors in financial securities. These companies usually offer a variety of funds and investment services, which also include portfolio management, recordkeeping, legal, custodial, tax and accounting services.
The IT Consulting & Other Services sub-industry sector comprises all companies that focus on solving and advising IT problems for large professional groups.
A Jasmin bond is an IDR-denominated bond issued by an Indonesian entity in the Indonesian Domestic Bond market.
A Kangaroo bond is an AUD-denominated bond issued by a non-Australian entity in the Australian Foreign Bond market. This bonds is also called a Matilda bond.
A Kauri bond is a NZD-denominated bond issued by a non-New Zealand entity in the New Zealander Foreign Bond market.
A Kebab bond is a TRL-denominated bond issued by a Turkish entity in the Turkish Domestic Bond market.
A Kimchi bond is a non-KRW-denominated bond issued by a non-South-Korean entity in the South-Korean Foreign Bond market.
A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.
A Komodo bond is an IDR-denominated bond issued by Indonesian entity in the off shore, international Bond market.
A Kremlin bond is a RUB-denominated bond issued by a Russian entity in the Russian Domestic Bond market.
A Kungfu bond is an USD-denominated bond issued by a Chinese entity in the Chinese Foreign Bond market.
A Laddu bond is an IDR-denominated bond issued by an non-Indonesian entity in the Indonesian Foreign Bond market.
A Lamington bond is an AUD-denominated bond issued by an Australian entity in the Australian Domestic Bond market.
A Lavender bond is an EUR-denominated bond issued by a Portuguese entity in the Portuguese Domestic Bond market.
The Leasing sub-industry comprises companies with no banking license that provide financing services. This sector includes companies that provide Factoring.
The Leisure Facilities sub-industry sector comprises owners and operators of leisure facilities, including sport and fitness centers, stadiums, golf courses and amusement parks not classified in the Movies & Entertainment Sub-Industry.
The Leisure Produts sub-industry sector comprises manufacturers of leisure products and equipment including sports equipment, bicycles and toys.
The Life & Health Insurance sub-industry consists of a companies that provide insurance services and life assurance services and products.
The Life Sciences Tools & Services sub-industry sector comprises all companies that have the potential in biological data gathering, data mining and the analysis.
A Lion bond is a SGD-denominated bond issued by an Singaporean entity in the Singaporean Domestic Bond market.
A Lion City bond is a non-SGD-denominated bond issued by a non-Singaporian entity in the Singaporean Foreign Bond market.
A Loan is a bilateral agreement between two or more parties to borrow and lend money at pre-agreed conditions.
A Lotus bond is an INR-denominated bond issued by an Indian entity in the Indian Domestic Bond market.
A Macaron bond is an EUR-denominated bond issued by a non-French entity in the French Foreign Bond market.
The Managed Health Care sub-industry comprises all the industries that are dedicated to activities that look to reduce the cost of health care through competition and the improvement of administration. In addition, the Managed Healthcare sub-industry looks for cost-effective diagnosis, treatment and an improved use of ambulatory and in-patient settings.
A Mango bond is an INR-denominated bond issued by an non-Indian entity in the Indian Foreign Bond market.
A Maple bond is a CAD-denominated bond issued by a non-Canadian entity in the Canadian Foreign Bond market.
A Marathon bond is an EUR-denominated bond issued by a non-Greek entity in the Greek Foreign Bond market.
The Marine Ports & Services sub-industry sector comprises companies that own and operate marine ports and related services.
The Marine Transportation sub-industry sector comprises all companies that are involved in shipping and services in ports. This includes companies that design, manufacture and supply ships and replacements. Excludes cruise-ships classified in the Hotels, Resorts & Cruise Lines Sub-Industry.
A Masala bond is an INR-denominated bond issued by a non-Indian entity in the Indian Foreign Bond market.
A Matador bond is an EUR-denominated bond issued by a non-Spanish entity in the Spanish Foreign Bond market.
A Merlion bond is a SGD-denominated bond issued by a non-Singaporian entity in the Singaporian Foreign Bond market.
The Metal, Glass & Plastic Containers sub-industry sector comprises of companies that manufacture products made from Metal, Glass and Plastic to be used for packaging. This also includes corks and caps.
A Moose bond is a NOK-demoniated bond issued by a non-Norwegian entity in the Norwegian Foreign Bond market.
The Mortgage REITs or Real Estate Investment Trust Fund sub-industry consists of a fund which invests in real estate properties and/or mortgages and passes their income to stakeholders through dividen payment.
The Motorcycle Manufacturers sub-industry sector comprises all companies involved in the manufacture of motorcycles, scooters or three-wheelers. In addition, these companies are dedicated to the distribution and retail, repair, servicing and maintenance, sports and leisure and other support services. This s Motorcycle Manufacturers sub-industry sector exclude bicycles classified in the Leisure Products Sub-Industry.
The Movies & Entertainment sub-industry sector comprises all companies that engage in producing and selling entertainment products and services, including companies engaged in the production, distribution and screening of movies and television shows, producers and distributors of music, entertainment theaters and sports teams. Also includes companies offering and/or producing entertainment content streamed online.
Multi-Family Residential REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of apartments and other multi-family housing including student housing.
The Multi-line Insurance sub-industry consists of insurance companies where the same thing is covered by two or more insurance policies. This allows to have different exposure to risk under a single contract.
The Multi-Sector Holdings su-industry sector comprises companies with no banking license with significantly diversified holdings across three or more sectors, none of which contributes a majority of profit and/or sales. Stakes held are predominantly of a non-controlling nature. Includes diversified financial companies where stakes held are of a controlling nature. Excludes other diversified companies classified in the Industrials Conglomerates Sub-Industry.
The Multi-Utilities sub-industry sector comprises of companies that partake in the distribution and sale of energy or water to the final consumer.
A Mussel bond is an EUR-denominated bond issued by a Belgian entity in the Belgian Domestic Bond market.
No items for this letter.
The Office REITs are companies or trusts who manage and invest in office buildings, these type of properties can go from skycrapers to office parks.
The Office Services & Supplies sub-industry sector is comprises all the companies that provide materials and services for running offices or education facilities such as stationary, furniture or printing services.
The Oil & Gas Drilling sub-industry sector comprises all companies that are engaged in the complex operations of excavation techniques such as fraking to extract oil and gas for commercial purposes.
The Oil & Gas Equipment & Services sub-industry sector comprises all companies that manufacture, repare and give maintenance to the machines required in the extraction of oil and gas.
The Oil &Gas Exploration& production sub-industry sector comprises of companies that explore, extract and refine oil and gas. This sector does not include gas distribution.
The Oil & Gas Refining & Marketing sub-industry sector comprises all companies deidcated to wholesale and distribution of refined petroleum to a wide range of entitites.
The Oil&Gas Storage& Transportation Sector comprises companies whose main charter is to distribute and transmit natural and manufactured gas. This excludes companies primarily involved in gas exploration or production, which are classified as Oil and Gas Exploration and Production companies.
An Orchid bond is a SGD-denominated bond issued by an Singaporean entity in the Singaporean local onshore Domestic Bond market through Singapore Exchange (SGX) and the offshore International Market through Euroclear Bank.
Other Specialized REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of properties not classified elsewhere. This Sub-Industry includes REITs that manage and own properties such as natural gas and crude oil pipelines, gas stations, fiber optic cables, prisons, automobile parking, and automobile dealerships.
The Other Specialty Retail sub-industry comprises all shops or stores that sell a wide variety of products from different brands, styles or models. Owners and operators of specialty retail stores not classified elsewhere. Includes jewelry stores, toy stores, office supply stores, health & vision care stores, and book & entertainment stores.
The Packaged Food and Meats sub-industry sector comprises all businesses that produce and process agricultural products to make food and/or drinks.
A Paczki bond is a PLN-denominated bond issued by a non-Polish entity in the Polish Foreign Bond Market.
A Paella bond is an EUR-denominated bond issued by a Spanish entity in the Spanish Domestic Bond market.
A Palinka bond is a HUF-denominated bond issued by a non-Hungarian entity in the Hungarian Foreign Bond market.
A Panda bond is a CNY-denominated bond issued by a not-Chinese entity in the Chinese Foreign Bond market.
The Paper & Plastic Packaging Products & Materialsindustry sector comprises all the companies that manufacture paper and cardboard containers packaging material to store and transport goods.
The Paper Products comprises all the companies that produce pulp, paper, paperboard or other cellulose products.
The Passenger Airlines sub-industry sector comprises all companies that offer travelling for passengers from one destination to another.
The Passenger Ground Transportation sub-industry sector comprises all companies that provide passenger ground transportation and related services, including bus, taxi, vehicle rental, ride sharing and on-demand ride sharing platforms, and other passenger logistics.
The Personal Care Products sub-industry sector comprises all companies that manufacture personal and beauty care products such as skin care, hair care, oral hygiene, deodorants, cosmetics and perfumes.
The Pharmaceutical sub-industry sector comprises the companies that specialise in the discovery, development, production and marketing of new drugs to be administred to patients.
A Polonia bond is a PLN-denominated bond issued by a Polish entity in the Polish Domestic Bond market.
A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
The Precious Metals & Minerals comprises all the companies that are dedicated to the extraction of precious metals such as gold, which can be used for investment and speculation,silver and platinum. However, this includes all the extractors of minerales of most metal used in the industry.
The Property & Casualty sub-industry consists of Insurance companies that cover the items an individual or a business can own.
The Publishing sub-industry sector comprises all companies producing film, television or radio programmes and related services.
No items for this letter.
The Rail Transportation sub-industry sector comprises companies that focus on designing and manufacturing rails and railcars. Some companies focus on providing services for transporting goods and people.
The Real Estate Development is an sub-industry sector comprises all companies that build or acquire land, buildings, homes, and so on, either to rent, lease or sell for profit. This sector includes operators of toll roads.
The Real Estate Operating Companies comprises all the companies that are involved in real estate and invest their earnings being subject to higher taxes than other REITs.
The Real Estate Services sub-industry sector comprises all companies that are involved with services for the purchase, sale, lease, rental or appraisal of real property.
A registered bond is a bond (or other type of negotiable bearer debt instrument) where registration is required for ownership to pass.
The Reinsurance sub-industry consists of Insurance companies that transfer part of their risk portfolios to other parties under an agreement in order to reduce the amount to be paid in case an insurance claim exists.
The Religion sub-industry sector comprises of companies that are in the business of spreading religious beliefs.
A Rembrandt bond is an EUR-denominated bond issued by a non-Dutch entity in the Dutch Foreign Bond market.
The Renewable Electricity sub-industry sector comprises all companies that offer clean energy from natural sources such as the sunlight. These would include also wind.
The Research & Consulting Services sub-industry sector comprises all companies that offer specialised and targeted research in order to make findings in different fields.
The Restaurants sub-industry sector comprises owners and operators of restaurants, bars, pubs, fast-food or take-out facilities. Includes companies that provide food catering services.
The Retail REITs investme are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of retail businesses such as shopping malls, outlet malls, neighborhood and community shopping centers.
A Rugosa bond is an EUR-denominated bond issued by a Luxembourgian entity in the Luxembourgian Domestic Bond market.
An SA1933 bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with the USA Securities Act of 1933.
A rule 144A bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Rule 144A of the USA Securities Act of 1933. Rule 144A offers a safe harbour from SEC registration requirements for certain private resales of minimum USD500,000 of restricted securities to Qualified Institutional Buyers. QIBs are large institutional investors that own at least USD100 million in investable assets.
An exempt bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA that is exempt from registration with the USA Securities Exchange Commission.
A regulation D "private placement" bond is a USD-denominated bond (or other type of negotiable bearer debt instrument) issued in compliance with Regulation D of the US Securities and Exchange Commission.
A section 3 "bank" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 3(a)(2 of the USA Securities Act of 1933.
A section 4 "private placement" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 4(a)(2 of the USA Securities Act of 1933.
A section 5 "SEC registered" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 5 of the USA Securities Act of 1933.
A Sakura bond is a JPY-denominated bond issued by a Japanese entity in the Japanese Domestic Bond market.
A Samurai bond is a JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign Bond market.This bond is issued to the public via brokers.
A Schengen bond is a CNY-denominated Bond issued by a Chinese entity, typically listed on the Luxembourg Stock Exchange.
A Schnitzel bond is an EUR-denominated bond issued by an Austrian entity in the Austrian Domestic Bond market.
A Schuldschein is a bilateral loan under German law with limited secondary transferability.
The Security & Alarm Services sub-industry sector comprises companies providing security and protection services, including correctional facilities, armoured transportation and guarding.
Self-Storage REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of self-storage properties. They own and manage storage facilities and collect rent from customers. Self-storage REITs rent space to both individuals and businesses.
The Semiconductor Equipment sub-industry sector comprises all companies that offer major equipment like water processing, front end, test and assembly and packaging equipment. This also includes manufacturers of the raw material and equipment used in the solar power industry.
The Semiconductors sub-industry sector comprises all companies that offers the materials that have a conductivity value between a metal and an insulator, these could be materials such as silicoin or germanium.
A Shibosai bond is a JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign Bond market. This is a private placement bond sold directly by the issuer to Japanese investors without a broker.
A Shogun bond is a non-JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign market. Also known as Geisha bonds.
The Silver sub-industry comprises all the companies that mine and trade silver. Also includes those fabricants of silver luxury goods.
Single-Family Residential REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of single-family residential housing including manufactured homes.
The Social Housing sub-industry sector is comprised of all the associations that offer housing to people that are suited for a particular type of property. These are known also as Registered Social Landlords.
The Soft Drinks & Non-alcoholic Beverages sub-industry sector comprises all companies that are dedicated to production, marketing and distribution of non-alcoholic drinks including mineral waters. This sub-inustry sector excludes producers of milk classified in the Packaged Foods & Meats Sub-Industry.
The Solar sub-industry comprises all the companies that convert sunlight into electricity, through photovoltaics, concentrated solar power or a combination of both.
A Spagetti bond is an EUR-denominated bond issued by an Italian entity in the Italian Domestic Bond market.
The Specialized Consumer Services sub-industry sector comprises companies providing consumer services not classified elsewhere. Includes residential services, home security, legal services, personal services, renovation & interior design services, consumer auctions and wedding & funeral services.
The Specialized Finance sub-industry sector comprises companies with no banking license providing various financial services, which are not banks, servicing a niche market. These companies typically lend to consumer or small businesses that do not have good credit or obtain financing. This sector does not include Finance Companies or Financial Corporates, nor are any type of Asset Backed companies. These are providers of specialized financial services not classified elsewhere. Companies in Specialized Finance sub-industry sectorderive a majority of revenue from one specialized line of business. The specialized Finance sub-industry sector does not (unlike in GICS) include central banks, leasing institutions, factoring services, and specialty boutiques and those listed in the Financial Exchanges & Data sub-Industry sector.
The Specialty Chemicals sub-industry sector comprises all companies that manufacture special chemicals that have use in other sector demanded by their performance or function. Some can be agrichemicals, cleaning materials or cosmetic devices among others.
A Springbok bond is a ZAR-denominated bond issued by a non-South-African entity in the South-African Foreign Bond market.
The Steel sub-industry sector comprises producers of iron, steel and any other type of metal and related products, including metallurgical (coking) coal mining used for steel production. This sector does not include Metal Packaging.
A Stroganoff bond is a RUB-denominated bond issued by a non-Russian entity in the Russian Foreign Bond market.
A Strudel bond is an EUR-denominated bond issued by a non-Austrian entity in the Austrian Foreign Bond market.
A Sukuk is an instrument which, in compliance with Sharia Islamic law, is sold to the investor and then rented back by the issuer for a predetermined rental fee. At the same time, the issuer contractually agrees to buy back the Sukuk at a future date for a fixed price.
The Support Services sub-industry sector comprises companies primarily providing labour services such as commercial cleaning services, dinning and catering services, equipment repair services, industrial maintenance services, storage and warehousing, transaction services and other business support services.
The Support Services - Law Firm sub-industry sector comprises all law firms that offer legal services by advising clients about legal rights and responsabilities in different legal litigations.
The Support Services - Trade Organisation sub-industry sector comprises all companies that buy, sell and distribute products to business and consumers. These companies also negotiate terms of sale and provide financing. The trading activity can be carried in the internal and foreign market.
A Sushi bond is a not JPY-denominated bond issued by a Japanese entity in the offshore Bond Market eiher in the International Market or in a not-Japanese local bond market.
The Systems Software sub-industry comprises the companies that develop, distribute and give maintanence of different software systems for individuals and other companies.
The Technology Distributors sub-industry sector comprises all companies that are between vendors and value-added resellers, these companies do not have the means to maunfacture technology by themselves.
The Technology Hardware, Storage & Peripherals sub-industry sector comprises manufacturers of cellular phones, personal computers, servers, electronic computer components and peripherals. Includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Excludes semiconductors classified in the Semiconductors Sub-Industry.
Telecom Tower REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of telecom towers and related structures that support wireless telecommunications.
The Textiles sub-industry sector comprises all companies that use textile to manufacture clothing and containers.
Timber REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of timberland and timber-related properties.
A Tiramisu bond is an EUR-denominated bond issued by a non-Italian entity in the Italian Foreign Bond market.
The Tires & Rubber sub-industry sector comprises all manufacturers of parts and accessories for automobiles and motorcycles. This sub-industry sector excludes companies classified in the Automotive Parts & Equipment sub-industry sector. Rubber is used to manufacture products such as tires, crap tubes, adhesives, hoses, gaskets and roll coverings.
The Tobacco sub-industry sector comprises all companies that manufacture tobacco from growth to sale, shipment and marketing.
The Trading Companies & Distributors sub-industry sector comprises trading companies and other distributors of industrial equipment and products.
The Transaction & Payment Processing Services sub-industry sector comprises companies with no banking license that provide transaction and payment processing services and related payment services including digital/mobile payment processors, payment service providers & gateways, and digital wallet providers.
The Transport Infrastructure (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
A Triffle bond is a GBP-denominated bond issued by a British entity in the British Domestic Bond market.
A Tulip bond is an EUR-denominated bond issued by a Dutch entity in the Dutch Domestic Bond market.
An Uridashi bond is a secondary offering of bonds outside Japan. These bonds are sold to Japanese household investors and are normally issued not in JPY but in a higher-yielding currency. Where the bond is issued in Japanese Yen, they are typically linked to a foreign currency or to an equity index like the Nikkei.
The Utility (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
No items for this letter.
A Waffel bond is an EUR-denominated bond issued by a non-Belgian entity in the Belgian Foreign Bond market.
The Water (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Water sub-industry sector comprises companies that purchase and redistribute water to the end-consumer. This sub-industry sector includes large-scale water treatment systems.
The Wireless Telecommunications Services sub-industry sector comprises all operators of fixed-line telecommunications networks, and cellular or wireless telecommunication services. This sector includes, providers of communications and high-density data transmission services.
No items for this letter.
A Yabanci bond is a TRL-denominated bond issued by a non-Turkish entity in the Turkish Foreign Bond market.
A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.
A YinYang bond is a KRW-denominated bond issued by a non-South-Korean entity in the Korean Foreign Bond market.
A Zongzi bond is a TWD-denominated bond issued by a Taiwanese entity in the Taiwanese Domestic Bond market.
