State Street launches new government bond ETF

State Street Global Advisers has launched a new exchange traded fund (ETF) which allows investors to adjust the duration of their European government bond exposures.

State Street launches new government bond ETF

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The SPDR Barclays 3-5 Year Euro Government Bond listed on the Deutsche Borse, Xetra today.

It adds to the company’s existing range of European government bond ETFs, which includes the short maturity SPDR Barclays 1-3 Year Euro Government Bond UCITS ETF and the all-maturities SPDR Barclays Euro Government Bond UCITS ETF.

There are now 61 SPDR ETFs available across Europe.

Alexis Marinof, head of SPDR ETFs, Europe, Middle East, and Africa, said: “In the current low yield environment investors have told us they want greater flexibility to adjust their position on the yield curve.

“This three to five year exposure gives investors access to a steeper segment of the yield curve, while still maintaining a relatively short maturity exposure.”

In October, the company launched what it claims to be the world’s first passive global convertible bond ETF.

The SPDR Thomson Reuters Global Convertible Bond UCITS ETF is listed on the Deutsche Borse and aims to offer investors cost-efficient and transparent exposure to the asset class.
 

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