You're right, I hadn't noticed that and BoW doesn't mention it in his article... Not sure why they do that but I would assume for better yield, but yeah questionable choice obviously...
I see in EUR there's only one for Corp bonds and one for Italy Govt Bond.
the latter defeats the purpose to me? the whole point is diversification, they should have probably done a 'Ibond Eurozone Govt Bond' rather than just Italy, although presumably the rates are so low they expected little demand
Statistics: Posted by daviddem — Tue Jul 02, 2024 4:08 am