MTS Licences Lyxor for MTS Spain Government Bond Index
- Lyxor listed new ETF tracking the index this week
- First MTS index to measure the performance of Spanish government bonds
- Transparency of methodology and accuracy of index calculation meet highest industry standards
MTS, Europe’s premier facilitator for the European fixed income market, today announced that it has granted a licence to Lyxor to launch ETFs based on its MTS Spain Government Bond Index.
The Lyxor ETF MTS Spain tracks the all-maturity MTS index composed of government bonds issued by the Spanish government with an outstanding volume of at least EUR 2 billion.
Francois Millet, Product Line Manager ETF & Indexing at Lyxor said: “The MTS Spain Government Bond Index is the most accurate and representative benchmark for Spanish sovereign debt. By tracking it with our new ETF, investors now have plain and direct access to this market”.
Jack Jeffery, CEO of MTS, said: “We are delighted that Lyxor has again chosen to create ETFs based on MTS indices. The MTS Spain Government index is the first to measure the performance of Spanish government bonds using the high standards and transparency of the MTS Indices methodology.”
The Lyxor ETF MTS Spain Government Bond All-Maturity was listed on NYSE Euronext.
The MTS Spain Government Bond Index is published in real time, with three daily fixings, at 11:00 CET, 16:00 CET and 17:30 CET and is rebalanced monthly. All MTS Indices are calculated and published in real time. They are freely available on the website www.mtsindices.com and through major data vendors.
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Notes to Editors:
About EuroMTS Indices:
The EuroMTS Index family is the first range of independent, transparent, real-time and tradable eurozone fixed-income indices designed for the international investment community. The EuroMTS Indices range consists of the EuroMTS Global Index and its maturity bands, the EuroMTS Inflation-Linked Indices range, composed of eurozone sovereign inflation-linked bonds, the EuroMTS Government Broad Index and its country sub-indices, the EuroMTS Short Broad Index, the EuroMTS Highest-Rated Indices, the EuroMTS Government Bills Index, the EuroMTS Covered Bond Index and the EuroMTS Deposit Indices (which include the EuroMTS Eonia Indices and the EuroMTS FedFunds Indices).
The EuroMTS bond indices are calculated and disseminated in real-time between 9:00CET and 1730CET, using bid prices of the underlying bonds trading on the MTS market. MTS is the leading market in Europe for the trading of fixed-income securities. The indices are produced and published by EuroMTS and are commercialised by MTSNext. They are available on www.mtsindices.com, and through a number of market data vendors such as Reuters (euromtsindex <GO>) and Bloomberg (EMTI <GO>). EuroMTS Indices are currently tracked by 40 ETFs and benchmarked by more than four hundred billion euros in managed funds.
More information is available at www.mtsindices.com
More information about MTS available at www.mtsmarkets.com
London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access and an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages over 200,000 equity, bond and alternative asset class indices.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,900 people.
Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com