MTS Italy and exBank of Italy Indices added to EuroMTS Index range

To view French version of press release click here.

To view Italian version of press release click here.

MTS Italy and ex-Bank of Italy indices added to EuroMTS Index range

- First real-time publication of key government debt indices

MTS, Europe’s premier facilitator for the electronic fixed income market, today announces the addition of the MTS Italy and ex-Bank of Italy indices to its well-established family of EuroMTS Indices.

Calculation of the indices, which are composed exclusively of Italian government debt and are currently published daily, will be upgraded to the established EuroMTS Index algorithm. Key features include real-time distribution, transparency, replicability and independence.

Index users will benefit from:
• Index values published every 30 seconds between 9:00 and 17:30 CET via the EuroMTS Index website, major data vendors and financial newspapers
• Index algorithm and weekly rebalance freely available via the EuroMTS Index website
• Calculations using live executable prices from the MTS interdealer market

Jack Jeffery, Chief Executive of MTS, said:

“The Italian market is of great importance to MTS. This modernisation of the MTS Italy and ex-Bank of Italy indices will allow us to better serve our customers operating there by providing them with a superb referencing tool for their portfolios, and the ideal tracking instrument for derived products such as ETFs. The uniqueness of MTS data is the key element to the success of our Index business. This, coupled with the well-established index algorithm, means we can continue to respond effectively to our clients needs by offering an unrivalled suite of index products.”

Marco Vicinanza, Chief Investment Officer at Arca Sgr, said: “We appreciate the high transparency MTS indices offer as well as the accuracy of their calculation. We consider them the optimum reflection of the Italian fixed-income market”

The MTS Italy and ex-Bank of Italy Indices can be accessed for free at www.euromtsindex.com and will continue to be published with no interruptions via data vendors and key Italian media.