iShares, BlackRock’s ETF product range, has launched two new Ucits compliant ETFs providing exposure to long-term euro-zone and US government bonds on Deutsche Börse’s securities trading platform Xetra.
The iShares $ Treasury Bond 20+yr UCITS ETF gives investors access to the performance of government bonds denominated in US dollars, with a residual maturity of 20 years minimum and a fixed coupon. In addition, the outstanding volume must be at least USD 250 million. It has a total expense ratio of 0.20%.
The iShares Euro Government Bond 20yr Target Duration UCITS ETF gives investors access to the performance of euro-zone government bonds denominated in euros.
The reference index comprises zero-coupon bonds or bonds with a fixed coupon which together have an aggregate duration of 20 years. Additionally, each bond must have a rating of AA- or higher. The index contains at least six bonds; no bond may achieve a weighting greater than 30 percent. It has a total expense ratio of 0.15%.