Euronext Amsterdam · UCITS ETF
Invest in CYBA ETF from India
Indian and foreign residents can buy iShares China CNY Bond UCITS ETF (CYBA) units directly through Paasa.
By Paasa · Updated
CYBA at a glance
- Price
- $6.58+$0.01 (0.17%)
- Expense ratio
- 0.35%
- Day range
- $6.58 – $6.59
- Assets
- $310.4M
- Domicile
- Ireland
- Holdings
- 113
- Launched
- 2020
- Dividends
- —
- 1 month
- +0.06%
- 6 months
- +5.27%
- YTD
- +7.23%
- 1 year
- +9.55%
- 5 years
- +16.52%
Price change, excluding dividends.
Top 10 holdings
- 1CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB)6.7%
- 2CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB)6.6%
- 3CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB)4.8%
- 4CHINA DEVELOPMENT BANK 3.80% 01/25/2036 (SDBC)3.8%
- 5CHINA DEVELOPMENT BANK 3.48% 01/08/2029 (SDBC)3.8%
- 6CHINA PEOPLES REPUBLIC OF (GOVERNM 1.43% 01/25/2030 (CGB)3.7%
- 7CHINA PEOPLES REPUBLIC OF (GOVERNM 2.52% 08/25/2033 (CGB)3.5%
- 8CHINA DEVELOPMENT BANK 3.07% 03/10/2030 (SDBC)3.3%
- 9CHINA PEOPLES REPUBLIC OF (GOVERNM 1.46% 05/25/2028 (CGB)2.8%
- 10CHINA PEOPLES REPUBLIC OF (GOVERNM 2.49% 05/25/2044 (CGB)2.7%
CYBA holds 113 securities in total. These 10 are 41.7% of the fund.
Where the money is invested
Countries
- China99.6%
- United States0.4%
- Ireland0.0%
- Other0.0%
- United Kingdom0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CYGBLSEiShares China CNY Bond UCITS ETF | 0.4% | 194.6M |
| DRGNLSEL&G China CNY Bond UCITS ETF | 0.3% | 107.6M |
| CYBEAMSiShares China CNY Bond UCITS ETF EUR | 0.4% | 362.5M |
| CNYBAMSiShares China CNY Bond UCITS ETF | 0.35% | 632.3M |
| CYBUAMSiShares China CNY Bond UCITS ETF | 0.4% | 997.0M |
Assets are shown in each fund's own reporting currency.
How to invest in CYBA 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 CYBA and buy
Find the fund by its ticker, CYBA, on Euronext Amsterdam, and place your order.
Why invest in CYBA from India
What CYBA holds
This investment vehicle aims to mirror the returns of a benchmark index. This index is comprised of government bonds with a fixed interest rate, originating from the People's Republic of China's Ministry of Finance, alongside obligations issued by financial institutions designated as policy banks within China.
Outside US estate tax
CYBA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
CYBA 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 CYBA's UCITS structure matters for Indian investors
CYBA 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 CYBA from India?
Yes. Indian residents can buy iShares China CNY Bond UCITS ETF (CYBA) through Paasa. It is listed on Euronext Amsterdam 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 CYBA invest in?
iShares China CNY Bond UCITS ETF holds 113 securities. Its largest holdings are CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB) (6.7%), CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB) (6.6%) and CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB) (4.8%). The fund is domiciled in Ireland.
What is the expense ratio of CYBA?
iShares China CNY Bond UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $310.4M.
Is CYBA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares China CNY Bond UCITS ETF 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.
What tax do I pay in India when I sell CYBA?
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.