EIBB
•
Fixed Income
INVESCO EURO GOVERNMENT BOND UCITS ETF DIST
TER (bps):
7
AUM (USD m):
39
ISIN:
IE00BGJWWX56
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The Bloomberg Euro Treasury Majors Bond Index is designed to measure the performance of EUR-denominated, fixed-rate government debt. To be eligible for inclusion, a country must have EUR 50 billion issuance; if a country’s issuance falls below EUR 40 billion, it will exit the index. The list of eligible countries is reviewed on an annual basis. To enter the index, securities must be denominated in EUR; rated investment grade (Baa3/BBB-/BBB- or higher) using the middle rating of Moody’s, S&P and Fitch; have a minimum par amount outstanding of EUR 300 million; and at least one year until final maturity, regardless of optionality. To remain in the index, securities must be rated B3/B-/B- or higher, after dropping the highest and lowest available ratings. Local currency treasury issues are rated using the long-term local currency sovereign rating from Moody's, S&P and Fitch. The Index rebalances monthly.
PERFORMANCE
