EMTX: [Eurozone Government Bond Indices]
The EuroMTS index is a Euro-denominated total return index series derived
from the well established CNO Etrix and has been designed to measure
the performance of the Eurozone government bond market.
Based on real time tradable prices from the inter-dealer MTS platform,
the largest electronic marketplace for cash bond trading in the Eurozone,
the indices are extremely transparent, highly replicable and independent.
Such characteristics have previously been found only in equity indices.
The EuroMTS index is marketed and developed by MTSNext, a joint venture
of EuroMTS and Euronext.
The choice of seven maturity bands and the broad representation
of the Eurozone government bond market are further reasons why
the index is already recognised as an excellent performance indicator
for
analysts,
performance
measurement tool for fund managers and as an ideal underlying
reference for a wide range of OTC and exchange traded financial instruments.
EMTX is calculated in realtime from 09:00 to 17:30 CET with two
Daily Fixings (11:00/16:00 CET).
In common with its predecessor, the CNO Etrix, tracking accuracy
and ease of replication characterise the index. Unsurprisingly,
this has encouraged
managers of more than 50% of French domiciled bond assets
and almost 75% of funds to use the EuroMTS index as their investment
benchmark.
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