Description

This UCITS-compliant Exchange Traded Fund (ETF), the Amundi Euro Government Bond 5-7Y (DR) UCITS ETF - Acc, aims to mirror the performance of the Bloomberg Barclays Euro Treasury 50bn 5-7 Year Bond Index. The underlying index comprises Euro-denominated government bonds from European Monetary Union nations, specifically those with at least €50 billion in outstanding government debt. To be eligible, individual bond securities must possess a maturity period of 5 to 7 years and a minimum issuance volume of €300 million. Characteristic of Amundi ETFs, this fund offers investors a transparent, liquid, and cost-efficient vehicle to gain exposure to its target benchmark, being listed on an exchange.