IShares debuts 2 ETFs for short-maturity corporate bonds

10/16/2013 | IndexUniverse.com

IShares is introducing two fixed-income exchange-traded funds that buy corporate debt with a maximum maturity of five years. One focuses on high-yield debt, and the other targets investment-grade debt. The iShares 0-5 Year High Yield Corporate Bond ETF is linked to the Markit iBoxx USD Liquid High Yield 0-5 Index. The iShares 0-5 Years Investment Grade Corporate Bond ETF is tied to the Markit iBoxx USD Liquid Investment Grade 0-5 Index.

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