WisdomTree Gilts 10Y 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP). The ETP provides three times the inverse daily performance of the Long Gilt Rolling Future index, which tracks front-month Long Gilt futures, plus the interest revenue earned on the collateralised amount.
Long Gilt futures are traded on LIFFE and deliver UK government bonds with 8.75-13 years to maturity..