New bond ETF from iShares on Xetra: access to the bond market for Indian government bonds

Release date: 19 Sep 2024 | Deutsche Börse Cash Market

New bond ETF from iShares on Xetra: access to the bond market for Indian government bonds

A new exchange-traded fund from iShares has been tradable on Xetra and Börse Frankfurt since today.

The iShares India INR Govt Bond UCITS ETF tracks the performance of the Bloomberg Indian Government FAR Bond Index. It gives investors access to Indian government bonds denominated in Indian rupees (INR) and issued under the Fully Accessible Route (FAR) programme. The fixed-rate bonds must have a remaining maturity of more than one year and an issue volume of at least INR 10 billion.

The FAR allows non-residents to invest in certain government securities issued by the Government of India without any investment limits.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

iShares India INR Govt Bond UCITS ETF USD (Dist)

Fixed Income ETF

IE0004L9EID2

0.35 per cent

distributing


Bloomberg Indian Government FAR Bond Index

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,225 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.



Further information