London Stock Exchange ETF segment · UCITS ETF
Invest in CBU3 ETF from India
Indian and foreign residents can buy iShares $ Treasury Bond 1-3yr UCITS ETF B (CBU3) units directly through Paasa.
By Paasa · Updated
CBU3 at a glance
- Price
- $126.19+$0.02 (0.02%)
- Expense ratio
- 0.07%
- Day range
- $126.17 – $126.37
- Assets
- $688.8M
- Domicile
- Ireland
- Holdings
- 90
- Launched
- 2009
- Dividends
- Accumulating
- 1 month
- +0.39%
- 6 months
- +0.74%
- YTD
- +1.15%
- 1 year
- +1.79%
- 5 years
- +10.68%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 4.13% 06/30/2028 (TNOTE)2.8%
- 2TREASURY NOTE 3.50% 01/31/2028 (TNOTE)2.2%
- 3TREASURY NOTE 4.00% 10/31/2029 (TNOTE)1.7%
- 4TREASURY NOTE 3.88% 09/30/2029 (TNOTE)1.7%
- 5TREASURY NOTE (2OLD) 4.13% 08/31/2028 (TNOTE)1.4%
- 6TREASURY NOTE (OTR) 4.63% 10/31/2028 (TNOTE)1.4%
- 7TREASURY NOTE 3.63% 08/31/2029 (TNOTE)1.4%
- 8TREASURY NOTE 4.00% 05/31/2028 (TNOTE)1.4%
- 9TREASURY NOTE 4.00% 07/31/2029 (TNOTE)1.4%
- 10TREASURY NOTE 3.88% 03/31/2028 (TNOTE)1.4%
CBU3 holds 90 securities in total. These 10 are 16.8% of the fund.
Where the money is invested
Countries
- United States100.0%
- Other0.0%
- Ireland0.0%
How to invest in CBU3 from India
Step 1
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.
Step 2
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.
Step 3
Search CBU3 and buy
Find the fund by its ticker, CBU3, on the London Stock Exchange ETF segment, and place your order.
Why invest in CBU3 from India
What CBU3 holds
This investment vehicle's primary objective is to replicate the financial performance of an underlying benchmark index. This index is exclusively comprised of government debt instruments, specifically those issued by the United States Treasury and denominated in US Dollars.
Outside US estate tax
CBU3 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from CBU3's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
CBU3 is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why CBU3's UCITS structure matters for Indian investors
CBU3 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy CBU3 from India?
Yes. Indian residents can buy iShares $ Treasury Bond 1-3yr UCITS ETF B (CBU3) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does CBU3 invest in?
iShares $ Treasury Bond 1-3yr UCITS ETF B holds 90 securities. Its largest holdings are TREASURY NOTE 4.13% 06/30/2028 (TNOTE) (2.8%), TREASURY NOTE 3.50% 01/31/2028 (TNOTE) (2.2%) and TREASURY NOTE 4.00% 10/31/2029 (TNOTE) (1.7%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of CBU3?
iShares $ Treasury Bond 1-3yr UCITS ETF B has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about $688.8M.
Is CBU3 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Treasury Bond 1-3yr UCITS ETF B is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does CBU3 pay dividends?
No. iShares $ Treasury Bond 1-3yr UCITS ETF B is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CBU3?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.