Sign up for free newsletter



New SPDR bond index ETF launched on Xetra

A new exchange-listed bond index fund issued by SPDR (State Street Global Advisors) – the SPDR Barclays 0-5 Year US High Yield Bond UCITS ETF – is now tradable in the XTF segment on Xetra.

The new SPDR bond index fund enables investors to participate in the performance of the market for fixed-income and high-yield corporate bonds denominated in US dollars.
The underlying index is composed of corporate bonds with a residual maturity of less than five years and a rating between Ba1/BB+/BB+ and CCC. The bonds must have an outstanding face value of at least USD350m. However, privately issued “Rule 144A” securities and bonds with a rating of CC/Ca or lower are excluded.
The index composition is reviewed monthly with a maximum weighting per issuer of two per cent.

Subscribe to free daily newsletter
Execution Trader- US Financial Firm – NYC Area

Wed, 02 Dec 2015 00:00:00 GMT

Investment Banking Analyst - NYC

Wed, 02 Dec 2015 00:00:00 GMT

Senior UNIX Systems Administrator/Engineer

Wed, 02 Dec 2015 00:00:00 GMT

23 hours 59 min from now - Dar Es Salaam
3 days 23 hours from now - Arizona
4 days 23 hours from now - São Paulo
4 days 23 hours from now - California
other gfm publications