Deutsche Bank db x-trackers has listed the first worldwide Australia Bond ETF on SGX.
The ETF (K6Y SP), which is tradable in AUD, tracks the Australia SSA Bonds Total Return Index which reflects a portfolio of AUD-denominated bonds. The index has a yield of 5.21% and a duration of 4.18.
Underlying bonds must meet certain eligibility criteria including but not limited to having a notional amount outstanding of at least AUD 100,000,000 and a time remaining to maturity of one calendar year at the monthly re-balancing date. The Index is published in AUD by Deutsche Bank AG, acting through its London Branch and has a base date of 31 December 2003.
All-in Fee (p.a.) : 0.25%
SGX Code : K6Y
ISN : LU0494592974
BBG Code : K6Y SP