EuroMTS announces the creation of the EuroMTS AAA Government Index, composed of top-ranked bonds issued by eurozone countries. The new index adheres to the same principles of transparency, tradability and independence that characterise…...
the EuroMTS Index family and has been designed as an investment benchmark against which exchanged traded funds, structured products and derivatives can be launched.
Jack Jeffery, Chief Executive of MTS Group said: “Building on the established strengths of the EuroMTS fixed income index family, this index will provide a transparent reference for investors looking for high quality interest rate returns with minimal spread volatility.”
Isabelle Bourcier, Global Head of ETFs for Lyxor, said: “Based on the highest credit quality but with diversified sovereign issuers, this new index offers low volatility together with a yield pick up over a pure Bund portfolio. We consider this to be an attractive underlying for a future ETF.”
The EuroMTS AAA Government Index measures the total return of a portfolio of sovereign eurozone securities, each of which is of the highest credit quality (AAA) and is quoted on the MTS Platform. It is calculated and published in real-time from 9:00 to 17:30 CET, with three daily fixings at 11:00 CET, 16:00 CET and 17:30 CET.
Source: ETFWorld – EuroMTS