Euronext has launched a new Euronext MTS European Government Bond (EGB) broad index family, developed in partnership with MTS.
Anthony Attia
The new index family consists of 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.
The new index family will use prices from MTS Cash trading platforms, ensuring a level of transparency and replicability that is unique in the bond market.
Euronext added that all European government bonds available for trading on MTS’s dealer-to-dealer regulated markets are eligible for inclusion in this family of indices.
Versions for all Eurozone countries, fixed coupon instruments, single-country indices, and other customised indices, are included in the index family.
“We are proud to launch this family of 26 European government bond indices, further solidifying our position as a leading index provider,” said Anthony Attia, global head of derivatives and post-trade at Euronext.
“By leveraging MTS’s high-quality trading data, we are broadening the range of investment solutions available to our clients, helping them deploy capital in European fixed income markets with greater efficiency.”
Elsewhere, 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 improved price transparency 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, added Euronext.
The index family is designed to support both active managers and those with passive fixed income strategies.
“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,” said Angelo Proni, chief executive at MTS.
“The launch of Euronext MTS EGB Broad Index Family demonstrates our commitment to the European fixed income market.”