BNP Paribas Easy has launched three new fixed income ETFs on Deutsche Börse’s Xetra exchange, offering exposure to inflation-linked Eurozone government bonds, Eurozone corporate bonds, and US Treasury securities.
The BNP Paribas Easy Barclays Euro Government Inflation Linked All Maturities UCITS ETF enables investors to participate in inflation-linked euro zone government bonds. All bonds in the benchmark index have to have a minimum rating of A3/A-, a residual term of at least one year and a total volume of at least €500 million.
The BNP Paribas Easy Markit iBoxx EUR Liquid Corporates UCITS ETF gives investors exposure to the performance of liquid Eurozone corporate bonds. The fund invests 90% of its capital in bonds and 10% in money market funds, cash, futures and forwards. The benchmark index comprises 40 bonds with a residual maturity of 1-3.5 years weighted by rating.
The BNP Paribas Easy Barclays US Treasury UCITS ETF enables investors to participate in fixed-rate US Treasury securities. Treasury bills and STRIPS are excluded from the index. The securities must have a remaining maturity of at least one year.