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Deutsche Börse launches new EUROGOV France indices


Indices track French government bond market/ Four EUROGOV France ETFs issued by ETFlab listed in XTF segment

Deutsche Börse launched a new index family for the French government bond market with five EUROGOV France indices on 3 January. The EUROGOV France indices track the French market for fixed-income government bonds denominated in euros.

The five indices measure investment success in the market segment of highly liquid government bonds, each of them covering a different maturity. To be included in the indices, bonds must have an outstanding minimum volume of €4 billion. The indices exclude zero-coupon bonds. The index may be composed of up to 15 bonds.

The ETF issuer ETFlab Investment GmbH, a subsidiary of DekaBank Deutsche Girozentrale, has launched four bond index funds on the new EUROGOV indices, which have been traded in Deutsche Börse’s XTF segment since Tuesday. These enable investors to participate in the performance of the French market’s highly liquid government bonds in the desired maturity.

The composition of the EUROGOV France indices is reviewed and adjusted quarterly. The weighting of the bonds in the index is based on their market capitalisation. Changes to the outstanding nominal volume are made in the index when the composition is updated on the respective dates. A bond’s index weighting is limited to 30 percent on the specific dates.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 771 exchange-traded 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.

The four newly listed ETFlab Deutsche Börse EUROGOV France ETFs are listed below. The management fee is 0.15 percent for each product:

ETFlab Deutsche Börse EUROGOV France, ISIN: DE000ETFL425
ETFlab Deutsche Börse EUROGOV France 1-3, ISIN: DE000ETFL391
ETFlab Deutsche Börse EUROGOV France 3-5, ISIN: DE000ETFL409
ETFlab Deutsche Börse EUROGOV France 5-10, ISIN: DE000ETFL417

About Market Data & Analytics:
The Deutsche Börse business segment Market Data & Analytics collects, refines and disseminates independent capital market-relevant data and information which documents events on the international financial markets and makes them transparent. The product portfolio includes price data, trading statistics, analyses, master data, financial news and more than 3,000 indices, thus ranking Deutsche Börse among the world’s most important index providers. Since 1 July 2010, STOXX Limited has been the marketing agent for the indices of Deutsche Börse and SIX Group, among them the DAX and SMI indices.

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


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