Three listed bond index funds issued by ComStage have begun trading in Deutsche Börse’s XTF segment.
The three new bond index ETFs are based on total return benchmarks of the Markit iBoxx EUR Covered Capped Index family with maturities of three to five, five to seven, and seven to ten years.
The indices track euro-denominated covered bonds issued in Germany.
All the bonds must have an outstanding volume of at least EUR1bn.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 620 exchange-listed index funds, making it the largest offering of all European stock exchanges.