SSgA aims to launch ETF for international corporate bonds

03/9/2010 | IndexUniverse.com

State Street Global Advisors filed with the U.S. Securities and Exchange Commission for authorization to offer the first U.S.-based exchange-traded fund tracking an index of non-U.S. investment-grade corporate bonds. The SPDR Barclays Capital International Corporate Bond ETF would be linked to the Barclays Capital Global Aggregate ex-USD >$1B: Corporate Bond Index using a sampling strategy. The ETF would trade on NYSE Arca.

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