Obligations Global Government bonds EUR hedged
The Deutsche Bank Global Investment Grade Sovereign EUR Hedged Index represents the majority of the world sovereign debt market. The Index currently covers sovereign debt from 20 developed countries and reflects the performance of Global bonds with fixed coupon payments The GSEH Index is calculated on a total return basis which means that the payments from coupons are reinvested in the GSEH Index and it intends to provide a hedge against exchange rate fluctuations of the Euro versus the currencies of the included bonds by locking in the foreign exchange rate on a one month forward looking basis.