iShares Spain Govt Bond UCITS ETF

Fixed Income
Fixed Income
IS0P

iShares Spain Govt Bond UCITS ETF

  • NAV as of 18-Sep-26
    EUR 146.1252 WK: 146.07 - 154.19
  • 1 Day NAV Change as of 18-Sep-26
    EUR -0.60(-0.41%)
  • NAV Total Return as of 17-Sep-26
    YTD: -1.70%
  • Weighted Average YTM as of 17-Sep-26
    3.68%

On 11 March 2021, one or more listing lines of this fund were delisted. Please refer to the shareholder letter found here for more information

  • NAV as of 18-Sep-26
    EUR 146.1252 WK: 146.07 - 154.19
  • 1 Day NAV Change as of 18-Sep-26
    EUR -0.60(-0.41%)
  • NAV Total Return as of 17-Sep-26
    YTD: -1.70%
  • Weighted Average YTM as of 17-Sep-26
    3.68%

On 11 March 2021, one or more listing lines of this fund were delisted. Please refer to the shareholder letter found here for more information

WHY IS0P?

  1. Targeted exposure to Spanish government bonds
  2. Direct investment in government bonds
  3. Single country government bond exposure

INVESTMENT OBJECTIVE

The Fund seeks to track the performance of an index composed of Spanish government bonds.

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. ETFs trade on exchanges like stocks and are bought and sold at market prices which may be different to the net asset values of the ETFs. Two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments. The fund invests in fixed interest securities issued by companies. There is a risk of default where the issuing company may not pay income or repay capital to the Fund when due. The currency hedging is designed to reduce, but cannot eliminate the impact of currency movements between the Base Currency and the currencies in which some or all of the underlying investments are transacted. Depending on the exchange rates, this may have a positive or negative impact on the performance of the Fund.



All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

Performance

This chart shows the product’s performance as the percentage loss or gain per year over the last 10 years against its benchmark. It can help you to assess how the product has been managed in the past and compare it to its benchmark.

2016201720182019202020212022202320242025
Total Return (%) EUR
4.00
0.90
2.41
8.38
4.14
-3.24
-17.88
6.74
3.12
1.44
Benchmark (%) EUR
4.21
1.09
2.60
8.57
4.35
-3.09
-17.67
6.94
3.37
1.57

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Risks

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk.

Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events.

Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss.

Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.

Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

Key Facts

Net Assets
as of 18-Sep-26
EUR 252,686,645
Inception Date
08-May-12
Share Class Currency
EUR
Asset Class
Fixed Income
SFDR Classification
Other
Total Expense Ratio
0.20%
Distribution Frequency
Semi-Annual
Securities Lending Return
as of 30-Jun-26
0.00%
Product Structure
Physical
Methodology
Sampled
Issuing Company
iShares V plc
Administrator
State Street Fund Services (Ireland) Limited
Fiscal Year End
30 November
Net Assets of Fund
as of 18-Sep-26
EUR 275,539,849
Fund Launch Date
08-May-12
Base Currency
EUR
Benchmark Index
Bloomberg Spain Treasury Bond Index
Shares Outstanding
as of 18-Sep-26
1,729,325
ISIN
IE00B428Z604
Use of Income
Distributing
Domicile
Ireland
Rebalance Frequency
Monthly
UCITS
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
State Street Custodial Services (Ireland) Limited
Bloomberg Ticker
IS0P GY

Portfolio Characteristics

Number of Holdings
as of 17-Sep-26
53
Benchmark Ticker
LETSTREU
Standard Deviation (3y)
as of 31-Aug-26
4.68%
Weighted Average YTM
as of 17-Sep-26
3.68%
Weighted Avg Maturity
as of 17-Sep-26
8.45
Benchmark Level
as of 18-Sep-26
EUR 274.24
12 Month Trailing Dividend Distribution Yield
as of 17-Sep-26
2.55
3y Beta
as of 31-Aug-26
1.001
Weighted Avg Coupon
as of 17-Sep-26
2.53
Effective Duration
as of 17-Sep-26
6.62

Registered Locations

  • Austria

  • Belgium

  • Czech Republic

  • Denmark

  • Finland

  • France

  • Germany

  • Hungary

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Poland

  • Portugal

  • Saudi Arabia

  • Slovak Republic

  • Spain

  • Sweden

  • United Kingdom

Holdings

The preliminary holdings of the fund are those taken prior to the start of each business day and are used to generate a daily static cash flow profile. This is determined by using a number of consistent assumptions which BlackRock believe to be appropriate in illustrating the cash flow profile of the fund for that day. The cash flow data is projected using the aggregated expected coupon and maturities of the individual bond holdings of the fund. Holdings and cashflows are subject to change and this information is not to be relied upon.

Exposure Breakdowns

% of Market Value as of
17-Sep-26
Type
Fund
Treasury99.89
Cash and/or Derivatives0.11
Allocations are subject to change.

Securities Lending

Securities lending is an established and well regulated activity in the investment management industry. It involves the transfer of securities (such as shares or bonds) from a Lender (in this case, the iShares fund) to a third-party (the Borrower). The Borrower will give the Lender collateral (the Borrower’s pledge) in the form of shares, bonds or cash, and will also pay the Lender a fee. This fee provides additional income for the fund and thus can help to reduce the total cost of ownership of an ETF.

 

At BlackRock, securities lending is a core investment management function with dedicated trading, research and technology capabilities. The lending programme is designed to deliver superior absolute returns to clients, whilst maintaining a low risk profile. Funds participating in securities lending retain 62.5% of the income, while BlackRock receives 37.5% of the income and covers all the operational costs resulting from securities lending transactions.

From
30-Jun-2016
To
30-Jun-2017		From
30-Jun-2017
To
30-Jun-2018		From
30-Jun-2018
To
30-Jun-2019		From
30-Jun-2019
To
30-Jun-2020		From
30-Jun-2020
To
30-Jun-2021		From
30-Jun-2021
To
30-Jun-2022		From
30-Jun-2022
To
30-Jun-2023		From
30-Jun-2023
To
30-Jun-2024		From
30-Jun-2024
To
30-Jun-2025		From
30-Jun-2025
To
30-Jun-2026
Securities Lending Return (%)
0.02
0.01
0.00
0.00
0.00
0.00
0.01
0.01
0.00
0.00
Average on-loan (% of AUM)
26.99
12.29
2.56
2.80
4.34
10.00
11.24
12.61
10.47
7.45
Maximum on-loan (% of AUM)
37.99
24.55
7.13
7.34
13.43
15.77
29.98
23.57
25.26
14.16
Collateralisation (% of Loan)
110.02
109.76
107.71
105.99
103.82
104.57
105.14
104.90
104.37
104.61
The above table summarises the lending data available for the fund.

The information in the Lending Summary table will not be displayed for the funds that have participated in securities lending for less than 12 months. The figures shown relate to past performance. Past performance is not a reliable indication of current or future results.
BlackRock’s policy is to disclose performance information quarterly subject to a one-month delay. This means that returns from 01/01/2019 to 31/12/2019 can be publicly disclosed from 01/02/2020.

Maximum on-loan figure may increase or decrease over time.

With securities lending there is a risk of loss should the borrower default before the securities are returned, and due to market movements, the value of collateral held has fallen and/or the value of the securities on loan has risen.

Listings

Exchange
Ticker
Currency
Listing Date
SEDOL
Bloomberg Ticker
RIC
Deutsche Boerse XetraIS0PEUR23-Jul-12BVFZJH6IS0P GYIS0P.DE

1 to 1 of 1

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.

Recommended holding period : 3 years
Example Investment EUR 10,000
as of
Scenarios
If you exit after 1 year
If you exit after 3 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
8,210 EUR
-17.9%
7,330 EUR
-9.8%

Unfavourable

What you might get back after costs
Average return each year
8,210 EUR
-17.9%
8,010 EUR
-7.1%

Moderate

What you might get back after costs
Average return each year
10,190 EUR
1.9%
10,440 EUR
1.4%

Favourable

What you might get back after costs
Average return each year
11,200 EUR
12.0%
11,560 EUR
4.9%
The stress scenario shows what you might get back in extreme market circumstances.



If the Fund invests in any underlying fund, certain portfolio information, including sustainability characteristics and business-involvement metrics, provided for the Fund may include information (on a look-through basis) of such underlying fund, to the extent available.

For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria. Please refer to the fund’s prospectus for more information. The screening applied by the fund's index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document.

Review the MSCI methodology behind the Sustainability Characteristics and Business Involvement metrics: 1ESG Fund Ratings; 2Index Carbon Footprint Metrics; 3Business Involvement Screening Research; 4ESG Screened Index Methodology; 5ESG Controversies; 6MSCI Implied Temperature Rise

Certain information contained herein (the “Information”) has been provided by MSCI ESG Research LLC, a RIA under the Investment Advisers Act of 1940, and may include data from its affiliates (including MSCI Inc. and its subsidiaries (“MSCI”)), or third party suppliers (each an “Information Provider”), and it may not be reproduced or redisseminated in whole or in part without prior written permission. The Information has not been submitted to, nor received approval from, the US SEC or any other regulatory body. The Information may not be used to create any derivative works, or in connection with, nor does it constitute, an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between equity index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Neither MSCI ESG Research nor any Information Party makes any representations or express or implied warranties (which are expressly disclaimed), nor shall they incur liability for any errors or omissions in the Information, or for any damages related thereto. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited.

In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20-549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded. For Ireland and only in relation to Per Se Professionals and/or Eligible Counterparties (i.e., Professional Investors), this may also be issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.

In the UK and Non-European Economic Area (EEA) countries (excluding Switzerland),: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.

This is Marketing Material. iShares plc, iShares II plc, iShares III plc, iShares IV plc, iShares V plc, iShares VI plc and iShares VII plc (together 'the Companies') are open-ended investment companies with variable capital having segregated liability between their funds organised under the laws of Ireland and authorised by the Central Bank of Ireland. The Prospectus (Available in French, German, Polish and English Languages) Key Investor Information document (UK only), PRIIPs KID and further information about the Fund and the Share Class, such as details of the key underlying investments of the Share Class and share prices, is available on the iShares website at www.ishares.com or by calling +44 (0)845 357 7000 or from your broker or financial adviser. The indicative intra-day net asset value of the Share Class is available at http://deutsche-boerse.com and/or http://www.reuters.com. A UCITS ETF’s units / shares that have been acquired on the secondary market cannot usually be sold directly back to the UCITS ETF itself. Investors who are not Authorised Participants must buy and sell shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees and additional taxes in doing so. In addition, as the market price at which the Shares are traded on the secondary market may differ from the Net Asset Value per Share, investors may pay more than the then current Net Asset Value per Share when buying shares and may receive less than the current Net Asset Value per Share when selling them. UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE THE FUTURE ONES

This document is marketing material and will expire 12 months after issue

This document is not, and under no circumstances is to be construed as an advertisement or any other step in furtherance of a public offering of shares in the United States or Canada. This document is not aimed at persons who are resident in the United States, Canada or any province or territory thereof, where the companies/securities are not authorised or registered for distribution and where no prospectus has been filed with any securities commission or regulatory authority. The companies/securities may not be acquired or owned by, or acquired with the assets of, an ERISA Plan.

Any research in this document has been procured and may have been acted on by BlackRock for its own purpose. The results of such research are being made available only incidentally. The views expressed do not constitute investment or any other advice and are subject to change. They do not necessarily reflect the views of any company in the BlackRock Group or any part thereof and no assurances are made as to their accuracy

This document is for information purposes only and does not constitute an offer or invitation to anyone to invest in any BlackRock funds and has not been prepared in connection with any such offer.

© 2026 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, and iSHARES are trademarks of BlackRock, Inc. or its affiliates All other trademarks are those of their respective owners