US corporate bond ETF launched on Xetra

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Deutsche Boerse has announced the launch of a new UBS ETF on Xetra, offering access to  liquid US corporate bonds.

The index allows investors to participate in the performance of liquid US dollar denominated bonds issued by companies domiciled in the US.

All bonds in the index have an investment grade rating and a residual maturity between one and five years, its benchmark is the Barclays US Liquid Corporates 1-5 Year Total Return Index.

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