Lyxor Asset Management said today it launched two Exchange Traded Funds (ETFs) on Euronext tracking the EuroMTS 3-5 year and 10-15 year maturity band indices.
The addition of these two new ETFs complements the EuroMTS Global Master Unit successfully launched by Lyxor Asset Management in January and affords bond market participants and fund managers significant new opportunities to trade the Eurozone government-bond yield curve, Lyxor said.
SG Corporate & Investment Banking and CDC IXIS Capital Markets have committed their support to provide liquidity on the EuroMTS 3-5 year Master Unit and 10-15 year Master Unit.
“The EuroMTS Global Master Unit already provides institutional and retail investors with the first opportunity of access to a diversified portfolio of eurozone government bonds across a representative range of maturities,” said Isabelle Bourcier, ETF Global Coordinator for Lyxor Asset Management.
“The addition of the maturity band ETFs is a natural progression to enable buy and sell side institutions to exploit the yield curve in a similarly convenient and cost efficient manner,” she added.