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Dexia, KBC Join BondVision As Volumes Hit Fresh Record

Date 11/01/2005

BondVision, the B2C (Business-to-Consumer) arm of the MTS Group, is pleased to announce that Dexia Bank and KBC Bank, both leading financial institutions in Europe and particularly in Belgium, have joined its consortium of dealer participants effective today.

With the addition of Dexia and KBC, BondVision becomes the only B2C electronic market to provide investors in Belgian state debt access to all 16 of the Belgian State Primary Dealers. The addition of Dexia and KBC follows the joining of Nomura International in October and Nordea in November and reinforces BondVision’s position as the largest consortium of dealers in fixed-income securities with 33 dealers.

“BondVision offers institutional investors the ability to efficiently trade with their dealer partners, a plus for both investors and for the overall liquidity of the market,” said Koen De Belder, Head of Government Bond trading, Dexia Bank. “We are therefore pleased to be joining BondVision as it allows us to offer our clients enhanced service.”

"We are committed to partnering with institutions, like BondVision, which provide our clients with strong benefits," said Dirk Laenen, Head Sovereign Debt, KBC Bank. "Our clients are large participants in the European bond markets, particularly in Belgian government bonds and EUR denominated Central European government bonds, and as such we are pleased to offer them the BondVision solution."

Turnover on BondVision continues to grow, with volumes hitting a daily record of € 3.4 billion recently. On a year-over-year basis, turnover on the market is up nearly 90%. BondVision currently offers clients the opportunity to trade in more than 900 securities through its association with Europe’s principal fixed-income dealers.