Production / Operations
BlackRock Announces Plans to Expand $52 Billion iShares(TM) iBonds(TM) ETF Franchise

IBMV · Price
Executive Summary
- BlackRock announced the upcoming launch of nine new iShares iBonds® ETFs, expanding its defined‑maturity bond ETF platform across U.S. Treasuries, TIPS, investment‑grade corporates, high‑yield, and municipal bonds.
- The funds’ registration statements are effective as of March 5, 2026, with trading expected before the end of April 2026.
- The new ETFs will provide investors with fixed‑income laddering tools that mature on a set date, pay regular interest, and distribute a final payout at maturity.
Key Details
- Fund Count & Scope: Nine iBonds ETFs covering:
- U.S. Treasury term bonds (2026‑2036, 2046, 2056)
- TIPS term bond (Dec 2036)
- Investment‑grade corporate term bond (Dec 2036)
- High‑yield term bond (2033)
- Municipal term bonds (Dec 2032, Dec 2033, Dec 2034)
- Tickers & Exchanges:
- IBTR – Nasdaq (Dec 2036 Treasury)
- IBGC – Nasdaq (Dec 2046 Treasury)
- IBGM – Nasdaq (Dec 2056 Treasury)
- IBIM – NYSE Arca (Oct 2036 TIPS)
- IBCB – NYSE Arca (Dec 2036 Corporate)
- IBHM – Cboe (2033 High‑Yield)
- IBMU – Cboe (Dec 2032 Municipal)
- IBMV – Cboe (Dec 2033 Municipal)
- IBMW – Cboe (Dec 2034 Municipal)
- Management & Scale: BlackRock currently manages $52 billion in iBonds ETFs, with over 120 total iShares funds launched and 75 active.
- Strategic Rationale: Designed to simplify bond‑ladder construction by offering “bond‑like” maturity dates while retaining ETF liquidity and diversification.
- Regulatory Status: Registration statements are effective; shares not yet tradable. Launch targeted before end of April 2026.
- Quotes:
- Elise Terry, Head of U.S. iShares – highlighted the ease of laddering with iBonds ETFs.
- Steve Laipply, Global Co‑Head of iShares Fixed Income ETFs – emphasized the breadth and durability of income these products provide.
Notable Quotes
- “Designed to mature like a bond, trade like a stock, and diversify like a fund, iBonds ETFs can make bond laddering easier and more efficient — allowing investors to build and manage ladders with just a few ETFs instead of sourcing and monitoring dozens of individual bonds.” – Elise Terry, Head of U.S. iShares, BlackRock
- “A defining feature of today’s market environment is the breadth and durability of income. iBonds have become practical building blocks for investors and advisors seeking to capture that income while planning around specific time horizons.” – Steve Laipply, Global Co‑Head of iShares Fixed Income ETFs, BlackRock