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Zyfin Holdings, an asset management and advisory firm has listed laddered Turkish sovereign bond exchange traded fund (ETF) on the Deutsche Borse and London Stock Exchange.
The fund - LAM Alternatif Zyfin Turkey Sovereign UCITS ETF - offers international investors low cost and easy access to Turkish sovereign bonds.
“Rising interest among domestic and international investors in the Turkish domestic debt markets has led to enhanced liquidity and strength in Turkish sovereign bonds. It is the sixth largest local currency bond market among emerging economies,” Zyfin said in a statement today.
The objective of the fund is to track the performance of the ZyFin Turkey Sovereign Bond Laddered index, which consists of a basket of sovereign bonds issued by government of Turkey in Turkish Lira across various maturities.
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