Barclays Global Investors launches first municipal bond ETF

The fund will track the S&P National Municipal Bond Index, made up of bonds issued by local government and state agencies which have a minimum rating of BBB.

The fund will provide a "simple and cost-effective method of gaining exposure to the municipal market, which is traditionally a less liquid and expensive marketplace," says Noel Archard, head of iShares Product Development.

SSGA, Van Eck and PowerShares are all planning launches for municipal bond ETFs, which are expected later this year.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: