“Many investors have fixed-income portfolios concentrated in high credit quality U.S. bonds,” Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares’ investment advisor, said in a press release. “This ETF can help these investors manage risk by adding diversification through international bond exposure.”

German bund futures rose for the week ended Jan. 27 as the Federal Reserve announced it will keep rates low until late 2014 and on uncertainty over the Greek debt talks.

Investors may also gain exposure to German debt through investments like the new PIMCO Germany Bond Index Fund ETF (NYSEArca: BUND) or the exchange traded note Powershares DB German Bund Futures ETN (NYSEArca: BUNL).

For more information on Germany, visit our Germany category.

Max Chen contributed to this article.