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First db x-trackers ETF on Indonesian government bonds launched on Xetra

A new db x-trackers bond index fund focused on Indonesian government bonds has been launched on Xetra.

The db x-trackers II Markit iBoxx ABF Indonesia Government UCITS ETF enables investors to participate for the first time in the performance of debt instruments issued by the Indonesian government.
 
These are government bonds denominated in Indonesian rupiahs (IDR) with a minimum residual term of one year and a minimum amount of IDR2,000 billion (equivalent to about EUR120 million).
 
Because the underlying index is a total return index, all interest income is reinvested after deduction of withholding tax.
 
Deutsche Börse’s XTF segment product range currently comprises a total of 1,018 exchange traded funds. 

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