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Investment Banking & Investment Services
Financial
ETN
Coba ETN -15x BUNDF Daily Short Index is an exchange traded note launched by Commerzbank AG. The note seeks to track the performance of the -15x BUNDF Daily Short Index. The index tracks fifteen times the inverse of the daily performance of a future contract on government euro bonds. It represents the fixed income markets of Germany. The index tracks short positions in the future contracts on government bonds. The ETN will mature on December 31, 2049. Coba ETN -15x BUNDF Daily Short Index was formed on December 20, 2011 and is domiciled in Germany.
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