New SPDR-ETF Launched on Xetra: Bond ETF Trades Emerging Market Government Bonds in Local Currency

The SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Acc), issued on Deutsche Börse, gives investors access to liquid government bonds issued by emerging markets in their local currency. The benchmark index, which is the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index, contains both investment-grade bonds and bonds with a lower credit rating. The index components can have a fixed or variable interest rate.