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117.074997 EUR
0.88
0.75%
Last update Apr 24, 8:17 AM CEST
Market closed
Day range
117.074997
117.074997
Previous close
117.95500
Open
117.074997
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iShares Germany Government Bond UCITS ETF
117.07
0.88
0.75%

Overview

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Description

iShares Germany Government Bond UCITS ETF is an exchange-traded fund that seeks to track the performance of an index composed primarily of German government bonds, known as Bunds. These are debt securities issued by the German federal government, offering investors targeted exposure to high-quality sovereign debt characterized by strong creditworthiness and stability, reflecting Germany's robust financial standing in Europe. The ETF holds a diversified portfolio dominated by bonds from the Federal Republic of Germany, comprising nearly 100% of its assets, with key metrics including a weighted average maturity of around 8.19 years, effective duration of 6.94 years, and yield to maturity near 2.60% as of recent data. Designed for UCITS compliance, it provides semi-annual distributions and serves as a vehicle for stable income generation and capital preservation in euro-denominated fixed income markets. In the broader financial landscape, this ETF plays a vital role for portfolio diversification, acting as a safe-haven asset amid economic uncertainty due to Germany's AAA-rated debt profile and low credit risk.

About

Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Germany
MIC code
XHAM
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