What does iBOXX stand for?

iBOXX refers to a series of indices created by the financial services company IHS Markit (now part of S&P Global) that track the performance of various fixed income securities, including corporate, sovereign, and municipal bonds. These indices are designed to provide investors with benchmarks for bond market performance and are often used for portfolio management and investment analysis. The "i" in iBOXX typically denotes "index," while "BOXX" represents a series of bond indices.