Listed on the London Stock Exchange today, the eight funds have been launched to "meet growing interest in fixed income ETFs and to satisfy demand for more granular exposures within the asset class”.
The ETFs invest in the fixed rate debt issued by the government of the specified country, denominated in local currency, with the bonds having at least one year until maturity.
They are physically-backed funds with a TER of 0.20% and those providing exposure to sovereign debt from Austria, Belgium, Finland, the Netherlands and Spain are the first of their kind in the world, according to the company.
taly-, France- and Germany-specific ETFs are also available.
Alex Lomholt, head of iShares product development EMEA, said: "Investors are allocating to fixed income in a more granular way than ever before. This new series of single country Eurozone debt exposures will allow them to invest and express their views in a more precise fashion.
“The ETFs can be used to overweight or underweight bonds in fixed income portfolios on a country basis, according to an investor’s risk and return expectations and objectives, as well as to implement core allocations."
