Kassenobligationen / obligations de caisse / medium-term notes

[Dr.PI]

@johndoe1

Do I get this right: the ETF you mentioned will rotate individual bonds as long as the ETF exists,

Yes.

@johndoe1

buying an individual Kassenobligation will have one single yield to maturity?

Yes, as well as no value fluctuation and a state guarantee on deposited amount up to 100k per issuing bank. So it basically gives a AAA security to a bond with a BBB yield.

@johndoe1

buying a short term kassenobligation for money I need, say, in a year,

They are 2 years minimum, shorter once are called Festgeld I think.

@johndoe1

would be a better investment than leaving it in cash in my bank account?

Oh yes.