Snapshot for BVAL Muni Benchmark 10Y (BVMB10Y)

Rate Profile Information for BVMB10Y

The curve is the baseline curve for BVAL tax-exempt munis. It is populated withhigh quality US municipal bonds with an average rating of AAA from Moody's andS&P. The yield curve is built using non-parametric fit of market data obtainedfrom the Municipal Securities Rulemaking Board {MSRB}, new issues calendars{CDRN}, {CDRC} and other proprietary contributed prices. Represents 5%couponing. Index names/tickers ending in Y eg BVMB10Y are based off a Jan 1calendar. Index names/tickers ending in Y eg BVMB10T are based off a rollingtenor.