A new exchange-listed bond index fund – the Lyxor UCITS ETF iBoxx Germany 1-3Y (DR) – has begun trading in Deutsche Börse’s XTF segment.
The Lyxor UCITS ETF iBoxx Germany 1-3Y (DR) provides investors with access to the performance of EUR-denominated government bonds with short maturities issued by the Federal Republic of Germany. Bonds must have a fixed rate of interest, an outstanding issue volume of at least EUR 2 billion and a residual maturity of one to three years to be accepted into the corresponding index.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,043 exchange traded funds. This selection, together with an average monthly trading volume of around EUR11 billion, makes Xetra Europe’s leading trading venue for ETFs.
