Market Structure

NewEuroMTS is a market dedicated to the trading of euro-denominated government securities of the 10 new States that entered the European Union on May 1, 2004.

Countries whose bonds are eligible for trading in the NewEuroMTS Market include: Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, and Slovakia.

NewEuroMTS is governed by the EuroMTS Board of Directors, which, under the recommendation of a User Committee, is responsible for defining the rules and framework of the markets.

Securities

• Fixed coupon bonds- Issued by the 10 new States of the EU
• Issued or tapped no earlier than 24 months prior to listing date, or selected for quoting by at least 8 market makers if issued or tapped before 24 months from listing
• Minimum maturity: 15 months- Investment-grade rated
• Minimum size issued: € 1 billion