Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a new iShares iBond fund to the Bats ETF Marketplace.
The iShares iBonds Dec 2023 Term Muni Bond ETF (Bats: IBML) seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds maturing after December 31, 2022 and before December 2, 2023. Each bond included in the Underlying Index must have a rating of at least BBB- by S&P Global Ratings, Baa3 by Moody’s Investors Service, Inc. (“Moody's”), or BBB- by Fitch Ratings, Inc.
The fund is the 41st iShares product to list on Bats. Year-to-date, Bats has welcomed 28 ETFs to its U.S. market. In the first quarter of 2017, Bats welcomed a total of 23 ETFs from eight issuers to the Bats ETF Marketplace, and won 33% of all new
U.S. ETF listings. There are now 163 ETFs listed on Bats ETF Marketplace, from 30 different issuers.
Additional information regarding listing and trading on the Bats ETF Marketplace is available on ETFMarketplace.com. ETF issuers interested in listings with Bats may email listings@bats.com.