> For the complete documentation index, see [llms.txt](https://docs.bloom.garden/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bloom.garden/tokenized-rwa/backed-finances-bib01.md).

# Backed Finance's bIb01

### Overview

The Backed IB01 $ Treasury Bond 0-1yr, `bIb01` , is an ERC20 tracker certificate token issued by Backed Finance. It tracks the price of Blackrock's iShares $ Treasury Bond 0-1yr UCITS ETF.&#x20;

### Purpose

For borrowers to be able to use the funds they borrowed to purchase `bIb01` tokens. To be able to have an increased exposure to the current federal funds rate.&#x20;

For more information on Backed's `bIb01` token visit <https://assets.backed.fi/products/bib01>.
