WisdomTree BTP 10Y 5x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP). The ETP provides five times the inverse daily performance of the Long Term BTP Rolling Future Index, which tracks front-month Long-Term Euro-BTP futures, plus the interest revenue earned on the collateralised amount.
Long-Term Euro-BTP futures are traded on EUREX and deliver Italian government bonds with 8.5-11 years to maturity..