iShares iBonds Dec 2056 Term Treasury ETF
iShares iBonds Dec 2056 Term Treasury ETF (NASDAQ: IBGM) is an exchange-traded fund listed on NASDAQ, trading at $22.84 (about ₹2,193 a unit) as of 25 Sep 2026, 10:43 AM ET. It has an expense ratio of 0.07% and holds 3 securities. Indian residents can buy IBGM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$22.84
Today's high
$23.07
52 week low
$22.84
52 week high
$25.28
IBGM opened at $23.07, closed previously at $23.00, and has traded between $22.84 and $25.28 over the past 52 weeks.
About
This fund intends to invest primarily in the securities comprising its benchmark index, dedicating a minimum of 80% of its capital to these assets. Furthermore, at least 90% of the fund's holdings will consist of U.S. Treasury bonds, specifically chosen by BFA to ensure the fund closely replicates the index's performance. The underlying index itself utilizes a market value-weighting method. This weighting is derived by calculating the value of outstanding bonds (after subtracting those held by the Federal Reserve's System Open Market Account, or SOMA), multiplying this by their current price, and incorporating any accumulated interest. For calculation purposes, this accrued interest is based on the assumption of a next-day settlement.
Key statistics
Expense ratio
0.07%
Assets (AUM)
$42.5M
Holdings
3
NAV
$23.62
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 4 holdings
IBGM holds 3 securities in total. These 4 are 100.0% of the fund.
Where the money is invested
Countries
How to buy IBGM from India
Indian residents can buy IBGM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search IBGM and buy
Find the fund by its ticker, IBGM, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in IBGM from India
Trading and taxes when buying IBGM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the IBGM price today?
iShares iBonds Dec 2056 Term Treasury ETF (IBGM) last traded at $22.84 on NASDAQ, as of 25 Sep 2026, 10:43 AM ET. That is ₹2,193 a unit at the 24 Sep 2026 USD/INR rate.
When does IBGM trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is IBGM, and what does it cost to hold?
iShares iBonds Dec 2056 Term Treasury ETF manages about $42.5M. Its expense ratio is 0.07% a year, deducted inside the fund. It launched in 2026.
What are IBGM's largest holdings?
The top three are TREASURY BOND (OLD) 5.00% 05/15/2056 (43.3%), TREASURY BOND (2OLD) 4.75% 02/15/2056 (41.1%) and TREASURY BOND (OTR) 5.13% 08/15/2056 (15.5%). IBGM's 4 largest positions make up 100.0% of the fund.
Does IBGM pay dividends?
Yes. IBGM is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on IBGM taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of IBGM?
Yes. You can buy IBGM by amount rather than by whole unit, and there is no minimum trade size.