NewEuroMTS, the reference market for euro-denominated bonds issued by the Member States that entered the European Union since May 1, 2004, is pleased to announce that Bank BPH SA, Bank Pekao SA and WestLB AG will join as new market makers, bringing the total number of dealers supporting liquidity for these bonds to 27.
Tomasz Mironczuk, Director of Treasury Operations at Bank BPH said: "We have witnessed a growing interest in euro-denominated central European bonds since the launch of NewEuroMTS. We are therefore pleased to be joining this market and further enhancing the liquidity for these products.”
“Bank Pekao is committed to the continued development of the central European bond market and we look forward to contributing as a market maker on NewEuroMTS,” said Miroslaw Winiarczyk, Head of Trading, Bank Pekao.
"Central European bonds have become increasingly important to our customers," said Stefan Hachmeister, Managing Director and Head of Liquid Markets at WestLB. "As a traditional provider of liquidity in electronic trading venues, WestLB looks forward to helping our clients to transact efficiently by participating on this platform."
“Since its launch in late 2003, NewEuroMTS has experienced significant growth with respect to both volumes and dealer participants,” said Gianluca Garbi, Chief Executive Officer, EuroMTS Ltd. “We welcome the addition of Bank BPH, Bank Pekao and WestLB as new liquidity providers as their joining will serve to further promote the development of this growing bond market.”
Euro-denominated bonds from Bulgaria and Romania were listed on NewEuroMTS this month, in conjunction with the accession of their respective countries to the European Union. NewEuroMTS also lists euro-denominated bonds from Cyprus, the Czech Republic, Hungary, Lithuania, Poland and Slovakia.
