New SPDR bond index ETF launched on Xetra

ETF tracks performance of euro-zone government bonds…

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A new SPDR bond index ETF issued by State Street Global Advisors has been tradable in the XTF segment on Xetra since Thursday.

ETF name: SPDR Barclays 3-5 Year Euro Government Bond UCITS ETF

Asset class: bond index ETF

ISIN: IE00BS7K8821

Ongoing charges: 0.15 percent

Distribution policy: distributing

Benchmark: Barclays 3-5 Year Euro Treasury Bond Index

The new SPDR ETF enables investors to participate in the performance of EUR-denominated government bonds from the euro zone. The index contains government bonds with an investment grade rating and a residual maturity of between three and five years.