Arbitrating portions of transactions over virtual channels associated with an interconnect

A System on Chip (SoC), comprising: an interconnect fabric; and a plurality of IP agents interconnected by the interconnect fabric, the plurality of IP agents configured to be sources and destinations of transactional traffic transmitted over the interconnect fabric between the IP agents; wherein a first IP agent is configured to generate and send a transaction that is one of a broadcast, a multicast, a read-multicast or an any-cast type transaction, wherein the interconnect fabric is configured to make a routing decision on how to route and deliver the transaction over the interconnect fabric to one or more destination IP agents among the plurality of IP agents on the SoC.