Two new exchange traded bond index funds (ETFs) were launched on Xetra on Tuesday.
The db x-trackers II Emerging Markets Liquid Eurobond Index ETF tracks the total return of bonds issued by governmental and quasi governmental issuers from emerging markets. The index can contain a maximum of 15 issuers from Latin America, Asia and emerging market countries from Europe, Africa and the Middle East.
The db x-trackers II Short iBoxx Sovereigns Eurozone TR Index ETF enables investors to participate in the opposite performance of the index of the same name. The iBoxx Sovereigns Eurozone TR Index reflects the performance of all euro-denominated government bonds issued by governments in the euro zone. It covers all maturity ranges of government bonds issued in the euro zone.
The ETF product offering on Xetra currently comprises a total of 316 exchange-traded index funds, making it the largest offering of all European stock exchanges. With an average monthly trading volume of over 9 billion, Deutsche Brses XTF segment is also Europes leading trading venue for ETFs.