iShares $ Development Bank Bonds UCITS ETF
iShares $ Development Bank Bonds UCITS ETF (XETRA: UEEG) is an exchange-traded fund listed on XETRA, trading at €4.60 (about ₹502 a unit) as of 28 Sep 2026, 11:36 AM ET. It has an expense ratio of 0.18% and holds 100 securities. Indian residents can buy UEEG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€4.58
Today's high
€4.62
52 week low
€4.58
52 week high
€4.79
UEEG opened at €4.58, closed previously at €4.61, and has traded between €4.58 and €4.79 over the past 52 weeks.
About
This fund's core objective is to replicate the investment performance of the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index.
Key statistics
Expense ratio
0.18%
Assets (AUM)
€155.3M
Holdings
100
NAV
€4.59
Avg. volume
—
1-year price change
-2.03%
5-year price change
-6.42%
Price change excludes dividends.
Top 10 holdings
UEEG holds 100 securities in total. These 10 are 21.6% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy UEEG from India
Indian residents can buy UEEG 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, and Interactive Brokers converts the dollars to EUR when you buy.
Search UEEG and buy
Find the fund by its ticker, UEEG, on XETRA, and place your order.
Read the full guide: how to invest in UEEG from India
Trading and taxes when buying UEEG from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the UEEG price today?
iShares $ Development Bank Bonds UCITS ETF (UEEG) last traded at €4.60 on XETRA, as of 28 Sep 2026, 11:36 AM ET. That is ₹502 a unit at the 28 Sep 2026 EUR/INR rate.
When does UEEG trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is UEEG, and what does it cost to hold?
iShares $ Development Bank Bonds UCITS ETF manages about €155.3M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2020.
Is UEEG a UCITS ETF?
Yes. iShares $ Development Bank Bonds UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are UEEG's largest holdings?
The top three are ASIAN DEVELOPMENT BANK MTN 1.75% 09/19/2029 (ASIA) (2.7%), ASIAN DEVELOPMENT BANK MTN 4.38% 01/14/2028 (ASIA) (2.6%) and INTERNATIONAL DEVELOPMENT ASSOCIAT 144A 4.88% 11/01/2028 (IDAWBG) (2.4%). UEEG's 10 largest positions make up 21.6% of the fund.
Is UEEG subject to US estate tax?
No. Because UEEG is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
How are gains on UEEG taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has UEEG performed?
UEEG's price is down 2.0% over the past year and down 6.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is UEEG different from a US-listed ETF?
UEEG is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.