Blackrock launches new bond range
BlackRock launched a range of iBonds ETFs, the first suite of fixed maturity UCITS ETFs.
iBonds are ETFs that behave similarly to bonds and mature on a defined date. The funds hold a diversified set of bonds with similar maturity dates.
After a fixed period, the ETFs will mature and return a final pay out to investors. The funds provide cost effective access to the corporate bond market, with the diversification, transparency,...