MTS has granted a licence to Lyxor to launch exchange-traded funds based on its MTS Spain Government Bond Index.
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 EUR2 billion.
Francois Millet, product line manager ETF and indexing at Lyxor, says: “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, chief executive of MTS, says: “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.”
The Lyxor ETF MTS Spain Government Bond All-Maturity is listed on NYSE Euronext.
