Euronext Amsterdam · UCITS ETF
Invest in DDBB ETF from India
Indian and foreign residents can buy iShares Development Bank Bonds UCITS ETF (DDBB) units directly through Paasa.
By Paasa · Updated
DDBB at a glance
- Price
- $5.39+$0.01 (0.11%)
- Expense ratio
- 0.15%
- Day range
- $5.39 – $5.40
- Assets
- $28.3M
- Domicile
- Ireland
- Holdings
- 100
- Launched
- 2019
- Dividends
- —
- 1 month
- -1.75%
- 6 months
- -1.23%
- YTD
- -1.59%
- 1 year
- -0.31%
- 5 years
- +3.43%
Price change, excluding dividends.
Top 10 holdings
- 1ASIAN DEVELOPMENT BANK MTN 1.75% 09/19/2029 (ASIA)2.7%
- 2ASIAN DEVELOPMENT BANK MTN 4.38% 01/14/2028 (ASIA)2.6%
- 3INTERNATIONAL DEVELOPMENT ASSOCIAT 144A 4.88% 11/01/2028 (IDAWBG)2.4%
- 4INTER-AMERICAN DEVELOPMENT BANK 3.13% 09/18/2028 (IADB)2.1%
- 5INTERNATIONAL BANK FOR RECONSTRUCT MTN 1.38% 04/20/2028 (IBRD)2.0%
- 6INTER-AMERICAN DEVELOPMENT BANK 4.50% 02/15/2030 (IADB)2.0%
- 7INTERNATIONAL BANK FOR RECONSTRUCT MTN 4.00% 05/06/2032 (IBRD)2.0%
- 8ASIAN DEVELOPMENT BANK MTN 3.75% 08/28/2030 (ASIA)2.0%
- 9INTER-AMERICAN DEVELOPMENT BANK MTN 4.25% 08/11/2031 (IADB)1.9%
- 10INTER-AMERICAN DEVELOPMENT BANK 1.13% 01/13/2031 (IADB)1.9%
DDBB holds 100 securities in total. These 10 are 21.6% of the fund.
Where the money is invested
Countries
- United States64.8%
- Philippines24.7%
- Ivory Coast6.7%
- United Kingdom3.5%
- Ireland0.3%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| UEEGXETRAiShares $ Development Bank Bonds UCITS ETF | 0.18% | 155.5M |
Assets are shown in each fund's own reporting currency.
How to invest in DDBB 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 DDBB and buy
Find the fund by its ticker, DDBB, on Euronext Amsterdam, and place your order.
Why invest in DDBB from India
What DDBB holds
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index.
Outside US estate tax
DDBB 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
DDBB 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 DDBB's UCITS structure matters for Indian investors
DDBB 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 DDBB from India?
Yes. Indian residents can buy iShares Development Bank Bonds UCITS ETF (DDBB) 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 DDBB invest in?
iShares Development Bank Bonds UCITS ETF holds 100 securities. Its largest holdings 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%). The fund is domiciled in Ireland.
What is the expense ratio of DDBB?
iShares Development Bank Bonds UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $28.3M.
Is DDBB a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Development Bank Bonds 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 DDBB?
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.