MTS, Europe’s premier facilitator for the European fixed income market, announced that it has granted a licence to Lyxor to launch ETFs based on its MTS Spain Government Bond Index.……
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The Lyxor ETF MTS Spain tracks the all-maturity MTS index composed of government bonds issued by the Spanish government with an outstanding volume of at least EUR 2 billion.
Francois Millet, Product Line Manager ETF & Indexing at Lyxor said: “The MTS Spain Government Bond Index is the most accurate and representative benchmark for Spanish sovereign debt. By tracking it with our new ETF, investors now have plain and direct access to this market”.
Jack Jeffery, CEO of MTS, said: “We are delighted that Lyxor has again chosen to create ETFs based on MTS indices. The MTS Spain Government index is the first to measure the performance of Spanish government bonds using the high standards and transparency of the MTS Indices methodology.”
Source: ETFWorld.co.uk
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