Euronext, in partnership with its electronic fixed income trading platform MTS, has launched a European government bond (EGB) index family.
Derived from the “mother index”, Euronext MTS EGB Broad GR, the MTS EGB Broad Index Family measures the total return of Euro-denominated government bonds from 10 Eurozone countries. A total of 26 indices are included.
Anthony Attia, global head of derivatives and post-trade at Euronext, said: “We are broadening the range of investment solutions available to our clients, helping them deploy capital in European fixed income markets with greater efficiency.”
The index family will be reviewed on a monthly basis, Euronext stated, and can support both active managers and passive fixed income strategies. Prices will be taken from MTS cash trading platforms.
Angelo Proni, MTS CEO, commented: “Our position as Europe’s leading electronic fixed income trading platform ensures the highest level of price transparency and accuracy, providing investors with robust and reliable benchmarks.”
All EGBs available for trading on MTS’s dealer-to-dealer regulated markets can be included in the index family, which includes versions for all Eurozone countries, fixed coupon instruments, single-country indices, and other customised indices.
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