Ratings agency Moody's has downgraded four iShares fixed income ETFs with exposure to Italian government debt.
This follows the downgrade of Italy's government bonds from Aa2 to A2 on 4 October. The four ETFs tracks indices based on the Barclays Capital Euro Government Bond Term range, which includes government bonds from France, Germany, Italy, the Netherlands and Spain. iShares Euro Government Bond 1-3 Year ETF was downgraded from Aaa to Aa2 and remains on review; iShares Euro Government Bond 3-5 Year ETF was downgraded from Aaa to Aa2 and it remains on review; iShares Euro Government Bond 15-30 Year ETF was downgraded from Aa1 to Aa2 and it remains on review; iShares Euro Inflation Linked B...
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