pioneering products and services launched by Euronext.liffe which are designed to meet
the needs of central order book and wholesale market customers by providing more
choice and increased efficiencies.
EuroMTS Indices are the first independent total-return indices measuring the performance of a
range of Eurozone government and non-government bonds and based on real-time tradable
prices from the MTS system, the largest electronic marketplace for the trading of European
bonds.
In equity markets, investors have long benefited from the transparency, simplicity and
efficiency offered by equity indices, and futures on those indices. Now, Euronext.liffe and
EuroMTS are working together to offer similar advantages to the bond market, with the
introduction of Euronext.liffe futures contracts on EuroMTS government bond indices.
The Exchange will initially launch futures contracts on indices from the EMTXg
Government Broad (and country sub-indices) family. The launch date for these
contracts is set for the 13 November and will consist of the following indices:
(a) EuroMTS Eurozone Government Broad Index (7 -10 years)
(b) MTS France Government Index (7 – 10 years)
(c) MTS Italy Government Index (7 – 10 years)
(d) MTS Deutschland Government Index (7 – 10 years)
This launch will be followed in the first quarter of 2007 with the launch of a futures
contract on an index from the EuroMTS Inflation Linked Bond Index family.
For the first time, this new range of government bond index futures will allow investors to gain
broad exposure to Eurozone and individual country credits, France, Italy and Germany, on a
single trading platform with all the liquidity, security and efficiency offered by one of the
world’s leading derivatives markets – Euronext.liffe.
Hugh Freedberg, CEO of Euronext.liffe said: “These new EuroMTS Government Bond
Index Futures will form an integral part of Euronext.liffe’s interest rate portfolio, and
will provide market participants with a wide range of new on–exchange trading
strategies.
Gianluca Garbi, CEO of EuroMTS Limited said: “The introduction of futures contracts
based on the EuroMTS Indices highlights their role as an independent, representative
European benchmark. The contracts will provide a straightforward tool for participants
to achieve exposure to the entire eurozone bond market in a single trade.”
