iShares lists two bond-index trackers on LSE

04 Aug 2008 | 15:01
John Kenchington
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iShares has launched two fixed-income ETFs targeting global inflation-linked bond and European covere...

iShares has launched two fixed-income ETFs targeting global inflation-linked bond and European covered bond indices.

The Barclays subsidiary listed the funds today on the London Stock Exchange.

iShares Global Inflation-Linked Bond tracks the Barclays World Government Inflation-Linked Bond index which currently consists of 90 bonds covering 10 countries across seven currencies.

And iShares € Covered Bond provides exposure to a range of European covered bonds based on the Markit iBoxx € Covered index, which currently tracks 448 bonds, 93% of which are AAA-rated.

The bonds have an average yield of 5.25% and duration of 4.25 years.

Categories: BondsInvestment

Topics: Ishares

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