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3LBC

$--
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1d
1w
1m

Analysis and statistics

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About

3LBC.LSE represents the iShares Core UK Gilts UCITS ETF. It's an exchange-traded fund (ETF) listed on the London Stock Exchange that aims to track the performance of an index composed of UK government bonds (gilts). This allows investors to gain exposure to a diversified portfolio of UK government debt with a single investment, typically used for fixed income allocation and managing interest rate risk. The ETF provides daily pricing and can be bought or sold like a stock during market hours.
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Factors

Underlying Bond Prices: 3LBC tracks UK Gilts. Gilt price changes directly impact the ETF's Net Asset Value (NAV), which drives the market price.

Interest Rate Changes: Rising interest rates typically decrease bond prices, causing a fall in 3LBC's price. Conversely, falling rates tend to increase bond prices and the ETF's value.

Market Sentiment: General investor sentiment towards UK Gilts and the overall bond market can influence buying and selling pressure, impacting 3LBC's price.

Inflation Expectations: Higher inflation expectations can lead to increased bond yields and lower bond prices, negatively affecting 3LBC.

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