Lyxor launches first Spanish sovereign debt ETF
The first Spanish sovereign debt exchange traded fund has begun trading on the Spanish Stock Exchange.
The Lyxor ETF MTS Spain Government Bond All Maturity, tracks the performance of the MTS Spain Government Index (All maturity).
The index is made up of Sovereign debt securities, with maturities of one year or more, issued by the Spanish government.
This latest listing brings the number of ETFs on the Spanish Stock Exchange to 70. The trading volume on the ETF segment to the end of February reached EUR563m on 9,881 trades, up 70 per cent and 86 per cent from the same period last year respectively.