New bond ETF from Amundi on Xetra: access to Indian government bonds as part of the FAR programme

Since Thursday, a new exchange-traded fund from Amundi Asset Management has been tradable via Xetra and Börse Frankfurt.

 

The Amundi JP Morgan INR India Government Bond UCITS ETF tracks the performance of the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index.

This is made up of fixed-income government bonds denominated in Indian rupees (INR), which are accessible to foreign investors under the Fully Accessible Route (FAR) programme. 

The FAR scheme allows non-residents to invest in certain government bonds issued by the Government of India without any investment caps. 

This is an accumulating share class with running costs of 0.30 per cent. The ETF can be traded in EUR as well as in USD, considering the corresponding ticker. 

Name

Asset class

ISIN

Ticker

Trading currency

Reference index

Amundi JP Morgan INR India Government Bond UCITS ETF Acc

Fixed Income ETF

IE0004W4ZVJ5

INGE

EUR

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

Amundi JP Morgan INR India Government Bond UCITS ETF Acc

Fixed Income ETF

IE0004W4ZVJ5

INGU

USD

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,231 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.