New Xtrackers bond ETF on Xetra: access to the Indian government bond market in local currency
New Xtrackers bond ETF on Xetra: access to the Indian government bond market in local currency
Since Monday, a new exchange-traded fund issued by Xtrackers is tradable on Xetra and via Börse Frankfurt.
The Xtrackers India Government Bond UCITS ETF offers investors access to fixed-income and zero-coupon government bonds issued by the Indian central government in Indian rupee.
The Indian authorities have made it much easier for foreign investors to access their government bond market through the Fully Accessible Route (FAR) programme. Under the FAR, investors can invest without being subject to investment caps.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers India Government Bond UCITS ETF | Fixed-income ETF | 0.38 | accumulating | J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,939 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.