Euronext, MTS introduce new European Government Bond Index family
Pan-European market infrastructure Euronext today announces the launch of the Euronext MTS European Government Bond (EGB) Broad Index Family, developed in partnership with MTS, Europe’s leading electronic fixed income trading platform and part of the Euronext Group.
The new index family comprises 26 indices that measure the total return of Euro-denominated government bonds from ten Eurozone countries, deriving from the mother index Euronext MTS EGB Broad GR.
Euronext MTS EGB Broad Index Family will use prices from MTS Cash trading platforms, among the most reliable pricing sources for European government bonds.
All European government bonds available for trading on MTS’s dealer-to-dealer regulated markets are eligible for inclusion in this family of indices. The index family includes versions for all Eurozone countries, fixed coupon instruments, single-country indices, and other customised indices.
Additionally, Euronext and MTS are launching the Euronext MTS EU Gross Return Index, supported by MTS’s role as a DMO-designated interdealer platform for EU Primary Dealers, offering stronger price transparency and quality to investors The Euronext MTS EGB Index Family, reviewed monthly, is ideal for ETFs, investment funds, and as a reference for further customisation and sub-indices.It is designed to support both active managers and those with passive fixed income strategies.