Tabula launches first Gulf Cooperation Council Government Bond ETF

Six GCC countries

Elliot Gulliver-Needham
clock • 1 min read

Tabula Investment Management has launched the world’s first Gulf Cooperation Council government bond ETF.

The Tabula GCC Sovereign USD Bonds UCITS ETF aims to offer exposure to government bonds issued by six GCC countries: Saudi Arabia, the UAE, Qatar, Oman, Bahrain and Kuwait. It tracks the ICE Gulf Cooperation Council Government Bond ex-144a index, which was developed by Tabula and is composed of around 100 AA- to B-rated government bonds denominated in US dollars. Tabula's index has a 25% country cap and to be included bonds require a minimum one year maturity and a minimum amount outstanding of $500m. The index has a current yield of 5.2% and a duration of 7.8 years. The ongoing ch...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week