DEBS to start trading on 1st July

In response to the growing demand for pan-European trading, MEFF Renta Fija will launch a new futures contract known as DEBS, a contract designed for then Eurozone, referenced against benchmark issues of the four core economies in the euro zone, which together account for more than 80% of the GDP in the EMU. The basket will consist of 30% German debt, 30% French debt, 20% Italian debt and 20% Spanish, respecting the risk symmetry between France and Germany on the one hand and Italy and Spain on the other hand. DEBS will be launched on MEFF Renta Fija's electronic trading platform. As with other futures contracts, MEFF will seek the support of its clients and financial institutions, which include member firms of those exchanges participating in the EuroGLOBEX alliance. These entities can trade directly using MEFF Renta Fija terminals or the order routing options offered other software providers such as GL Trade or Pat Systems. For more information and contract specifications: www.meff.es/DEBS/