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BMO and REX Shares Launch MicroSectors™ 3× Long and -3× Short High Yield and Investment Grade Corporate Bond ETNs (Cboe BZX: HYGU, HYGD, LQDU, LQDD)

FintechCredit & Bond MarketsProduct Launches

BMO and REX Shares announced the launch of BMO-issued Exchange Traded Notes (ETNs), including a MicroSectors™ 3× Long High Yield Corporate Bond (HYG) ETN due July 31 (exact maturity date not fully shown in the excerpt). The release is a product launch with limited disclosed fundamentals, implying minimal immediate impact beyond offering changes for high-yield bond exposure.

Analysis

BMO and REX Shares announced the launch of BMO-issued Exchange Traded Notes (ETNs), including a MicroSectors™ 3× Long High Yield Corporate Bond (HYG) ETN due July 31 (exact maturity date not fully shown in the excerpt). The release is a product launch with limited disclosed fundamentals, implying minimal immediate impact beyond offering changes for high-yield bond exposure.

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