Lyxor launches new green bonds ETF on Xetra
Lyxir has launched a new ETF focused on green bonds on Xetra and Börse Frankfurt.
The Lyxor Green Bond (DR) UCITS ETF - Acc gives investors the opportunity to participate in the performance of green bonds issued by governments, multinational companies or development banks with investment grade status and denominated in euros or US dollars.
Green Bonds are fixed-income securities whose proceeds flow exclusively into environmentally friendly projects that are intended to slow down climate change and protect the environment. The reference index only contains green bonds that are based on the principles of the Climate Bonds Initiative.