Asset

Issuer

Asset Type

Asset Classes

Backed ERNX € Ultrashort Bond

Backed ERNX € Ultrashort Bond

Issuer Backed Finance

Regulation Swiss Code of Obligations (Offering Terms approved by Liechtenstein and BX Swiss AG)

Location 10 La Chasse, Saint-Helier, Jersey JE2 4UE, Jersey

Metrics

Price $ 5.353

Assets Under Management $ 7,185,182

As of Nov. 4, 2024

Description

The Backed ERNX € Ultrashort Bond is a tracker certificate issued as an ERC-20 token. It tracks the price of the iShares € Ultrashort Bond UCITS ETF Euro (Acc.). (the underlying fund) [ISIN IE000RHYOR04]

Its offering terms have been approved by by the Financial Market Authority Liechtenstein (FMA) and in Switzerland by BX Swiss AG, according to Art. 973d et seqq. Swiss Code of Obligations ("CO") under Swiss law.

The underlying fund targets a return equal to the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index. The underlying fund invests in corporate fixed rate Fixed Income securities with a time to maturity of less than 1 year and  corporate floating rate Fixed Income securities with a time to maturity of less than 3 years.At the time of inclusion in the Index, the Fixed Income securities have an average rating of investment grade.

Platforms

Blockchains

Smart Contracts
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