# 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. ### 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. For more information on Backed's `bIb01` token visit . --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bloom.garden/tokenized-rwa/backed-finances-bib01.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.