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SSGA launches new emerging markets Government bonds ETF on Xetra

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State Street Global Advisors has launched a new emerging markets government bonds ETF on Xetra and the Frankfurt Stock Exchange.

The SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF offers investors the opportunity to participate in the performance of government bonds issued by emerging markets.
 
The underlying Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index comprises liquid and local currency government bonds with both fixed and variable interest rates, and with and without investment grade ratings. In addition, potential exchange rate fluctuations between the base currency US dollar and euro are minimised. 

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