Notification of change to Morgan Stanley Indices
WisdomTree Foreign Exchange Limited (the “Issuer”) wishes to announce that it has been notified by Morgan Stanley & Co. LLC that (“Morgan Stanley”) in consideration of the upcoming reformation of US Dollar London Interbank Offered Rate (“USD LIBOR”), Morgan Stanley has on 29 March 2023 switched the rate used in certain indices from USD LIBOR to Secured Overnight Financing Rate (“SOFR”) with an additional spread adjustment, as set out below:
| Strategy | Bloomberg Ticker | Current LIBOR Input | Replacement Rate | |
| USDCNY LONG | MSCECNYL | 1-month USD LIBOR | SOFR + 11bps | |
| 3-month USD LIBOR | SOFR + 26bps | |||
| USDCNY SHORT | MSCECNYS | 1-month USD LIBOR | SOFR + 11bps | |
| 3-month USD LIBOR | SOFR + 26bps | |||
The following products of the Issuer are affected:
(1) WISDOMTREE LONG CNY SHORT USD (ISIN: JE00B6822V48)
(2) WISDOMTREE SHORT CNY LONG USD (ISIN: JE00B66M4S72)
For full details of this announcement: