Launch of the EuroMTS Investment Grade Broad Index

MTS today announces the launch of the EuroMTS Investment Grade Broad Index family, composed of euro-denominated bonds issued by eurozone sovereign issuers that have an investment grade credit rating from at least two major ratings agencies.

The EuroMTS Investment Grade Broad Index includes an all-maturity index and eight maturity sub-indices.  The new indices have been designed in response to market demand and provide a benchmark to investors that manage portfolios with specific credit risk requirements.

These new instruments use the same principles of transparency, tradability and independence which characterize the EuroMTS Indices and are ideal tools for the creation of tracking instruments such as exchange traded funds.
 
Jack Jeffery, Chief Executive of MTS said: “By creating these investment grade bond indices in response to investor demand, MTS is adding greater variety and flexibility to the widely-used EuroMTS Index range.  With over €400 Billion in benchmarked funds and 29 ETFs tracking them, EuroMTS Indices are the market standard for many investors in eurozone sovereign bonds.  In particular, funds continue to flow into ETFs tracking the underlying sovereign markets and MTS will continue adding to its range of indices to facilitate this growth.”

The EuroMTS Broad Investment Grade Government Index family is calculated and published in real-time from 9:00 to 17:30 CET, with daily fixings at 11:00 CET and 17:30 CET.  Additional information on the EuroMTS Indices, including historical index data, is available for free at www.euromtsindex.com and through a number of market data vendors.

Click here for the Italian press release.

Click here for the French press release.