WisdomTree Bund 30Y 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP). The ETP provides three times the inverse daily performance of the BNP Paribas Long Bund 30Y Rolling Future Index, which tracks front-month Euro-Buxl futures, plus the interest revenue earned on the collateralised amount.
Euro-Buxl futures are traded on EUREX and deliver German government bonds with 24-35 years to maturity..