iShares launches German money market ETF on Borsa Italiana

iShares has listed an ETF based on German short-term government bonds on Borsa Italiana . iShares eb.rexx Money Market (DE), which was originally launched on 13 August 2008 on Deutsche Borse, is now quoted on the ETF Plus segment of Borsa Italiana. The product replicates the performance of the eb.rexx Money Market (DE) index, which comprises government bonds with a maturity ranging from one month to one year. iShares says its traders buy the bonds, replicating the exact composition of the index. Head of iShares Sales Italy Emanuele Bellingeri says: "In this way we manage t...