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, Slovakia, and Slovenia.

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 or greater than €500 million with commitment to tap to €1 billion within 6 months or with commitment to quote by at least 8 market maker

 NewEuroMTS Downloadable Documents

 PDF 
Document
NewEuroMTS Brochure
Overview
MTS Markets