MTS France Government Index
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What is it?
The EuroMTS EMTXc France Index is a total return index representing Euro-denominated French Obligations Foncières (covered bonds) listed on the MTS platform, which is the principal trading system for Eurozone debt securities. Eligible bonds must have at least one year to maturity, and bonds of all maturities are included in the index.
Why do I care?
The EuroMTS EMTXc France Index measures the performance of Euro-denominated French covered bonds (Obligations Foncières) on a total return basis. Investors may choose to use this index as a benchmark against which to measure the performance of their own Euro-denominated bond holdings.