Glossary(Fixed Income)30 June 2023

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Glossary | 30 June 2023

Fixed Income Index Glossary
Key items
基準日
Base date
基準値
Base index valueDefinition
The date of an initial value for the index.
An index value at the inception of the index.

元本累積投資収益指数 (キャピタル指数)
Capital investment return

An index value reflects price return.

index (Capital Index)
For bonds that are not rated by a rating agency, theclassification may refer to a rating considered
みなし格付equivalent to one assigned to other debt from the same

Deemed rating

issuer, provided that it has the same credit
characteristics including , collateral, bond indenture,credit enhancements and so on.
Bonds issued by FLIP (Fiscal Investment and Loan

財投機関債

Program agencies) which are established under a

FILP agency bonds

special law of Japan and not listed in the stock
exchange.

最高格付

The highest rating assigned by 4 rating agencies(R&I,Highest rating

JCR, Moody's and S&P).

インデックス・ポートフォリオ

A portfolio comprised in compliance with the index

Index portfoliorules.
Bond prices that are provided jointly by the fourJS プライス
JS Price

Institutions, Nikkei Inc., Nikkei Financial Technology
Research Institute, Nomura Research Institute, Ltd.,and Nomura Securities Co., Ltd. The further information
is described in "Index Calculation Policy".

最低格付

The lowest rating assigned 4 by rating agencies(R&I,Lowest rating

JCR, Moody's and S&P).

野村證券評価・算定時価Nomura Price
NOMURA | PAGE 2

Bond prices calculated and valued by Global Markets
Division of Nomura Securities. The further information
is described in "Index Calculation Policy".

© 2023 Nomura Fiduciary Research & Consulting Co., Ltd. All rights reserved. Please refer to the disclaimer at the end of this document.

Glossary | 30 June 2023

ポートフォリオ確定日

The date on which scheduled reconstitution should be

Portfolio determination date

conducted in accordance with the index rules.

公表開始日

The date on which the index value is started to be

Publication start datepublicized.

定期入替Scheduled reconstitution
定期入替基準日
Scheduled reconstitution
base date
定期入替日

Periodic reconstitution of portfolio constituents inaccordance with the criteria for inclusion/exclusion in
the indices.
The date by which disclosed information available isused for the scheduled portfolio reconstitution.
The date on which the scheduled reconstitution is

Scheduled reconstitution date implemented.
セクター別インデックス

Sub-index which is subdivided by sectors (e.g.,

Sub-index by sectors

government, municipals, corporate, etc.).

業種別インデックス

Sub-index classified by industry, which is based on 34

Sub-index portfolio byindustry classifications (i.e. the TSE 33 industry

industryclassifications and “FLIP Agency bond and others”).

格付別インデックス

Sub-index which reflects individual issue ratings andSub-index portfolio by rating

deemed ratings.

残存年数別インデックス
Sub-index portfolio by term tomaturity

Sub-index which is classified on the basis of term tomaturity.

累積投資収益指数

Index value that measures the aggregated return of

Total investment return

capital return and income return for the period fromindex/Total Index

the inception.
It is an incidental reconstitution which is implemented

臨時入替Unscheduled reconstitution

between the portfolio determination date and the lastbusiness day of the month, in order to reflect events
which may affect the integrity of the index, such as debt
default or fully early redemption.

NOMURA | PAGE 3© 2023 Nomura Fiduciary Research & Consulting Co., Ltd. All rights reserved. Please refer to the disclaimer at the end of this document.

Glossary | 30 June 2023