The EUROGOV France indices track the French market for fixed-income government bonds denominated in Euros.
According to Deutsche Borse, 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 €4bn. The indices exclude zero-coupon bonds. The index may be composed of up to 15 bonds.
The ETF issuer ETFlab Investment, a subsidiary of DekaBank Deutsche Girozentrale, has launched four bond index funds on the new EUROGOV indices, which have been traded in Deutsche Borse’s XTF segment.
According to Deutsche Borse, 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 capitalization. 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% on the specific dates.
