MTS today announces the launch of the EuroMTS Inflation-Linked (IL) Investment Grade Index and the MTS Italy BTPi – ex Bank of Italy Index. The new indices further enlarge MTS’s offering of benchmarks for portfolios composed of inflation-linked government bonds.
The EuroMTS IL Investment Grade Index is composed of MTS-listed bonds issued by Eurozone governments. All constituent bonds are linked to either Eurozone or domestic inflation and all have at least two investment grade ratings from principal credit rating agencies.
The MTS Italy BTPi ex-Bank of Italy Index is composed of every inflation-linked government bond issued by the Italian government which is listed on MTS. This new index, with weekly rebalancing, adds to the existing MTS Italy ex-Bank of Italy index range, which was recently brought within the MTS Index family.
Both new indices have been designed using the same principles of transparency, tradability and independence which characterise the EuroMTS Index range and are ideal tools for the creation of instruments such as Exchange Traded Funds (ETFs).
Jack Jeffery, Chief Executive of MTS, said:
“By creating these two new indices, MTS is bringing investors’ new tools to analyse the performance of portfolios composed of inflation-linked securities. The indices continue to enlarge the range of instruments we offer, and further highlight our commitment to facilitate bond market structure evolvements in Europe.”
The EuroMTS Inflation-Linked Investment Grade Index and the MTS Italy BTPi – ex Bank of Italy Index are calculated and published in real-time from 9:00 to 17:30 CET, with daily fixings at 11:00 CET and 17:30 CET.
The index real-time value, index daily fixings, the composition and historic database are all available for free on the EuroMTS Index website (www.euromtsindex.com), as well as via major data vendors.
