First iShares ETF on High-Yield Bonds Tradable on Xetra

Release date: Nov 26, 2010

Since Friday, a new exchange-traded bond index fund from the issuer iShares (BlackRock Inc.) has been tradable in Deutsche Börse’s XTF segment.

ETF name: iShares Markit iBoxx Euro High Yield

Asset class: bond index ETF

ISIN: DE000A1C8QT0

Total expense ratio 0.5 percent p.a.

Distribution policy: distributing

Benchmark: Markit iBoxx Euro Liquid High Yield Index

The iShares Markit iBoxx Euro High Yield gives investors the opportunity, for the first time, to invest in high-yield corporate bonds denominated in euros with issuers in or outside the euro zone. The bonds have a sub-investment grade rating. These bonds have a higher risk of default, but therefore pay higher yields. Only the largest and most liquid bonds with an amount outstanding of at least €250 million are included. The weighting per issuer is limited to 5 percent in the reference index.  

The product offering in Deutsche Börse’s XTF segment currently contains a total of 753 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.


Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

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