Indices

Origin and History
In January 2003 EuroMTS Ltd acquired the intellectual property rights to the well established CNO Etrix indices. The CNO indices were developed by the Comité de Normalisation Obligataire (French Bond Association) in 1989 to include French Sovereign debt and were subsequently evolved to include Eurozone government bonds from 1 January 1999.

The design of the EuroMTS Government indices and the selection criteria are unchanged from the original CNO Etrix specification however they have been calculated using real time MTS Markets prices since May 2003.

The EuroMTS index range has since been expanded to include other bond asset classes traded on MTS Markets according to the same principles of tradability and transparency originating from the real time EuroMTS Governments indices.

Date	Development
January 2007	Euronext.liffe launches four futures contracts based on EuroMTS Government Broad Indices
July 2006	EuroMTS Government Broad Indices Launched
July 2005	EuroMTS Covered Bond Index Launched
December 2004	EuroMTS New EU Index launched.
June 2004	EuroMTS Inflation Linked Index launched.
April 2004	Lyxor launches EuroMTS Global index ETF in Milan.
January 2004	Lyxor Asset Management launches first exchange traded fund linked to a EuroMTS index.
May 2003	Real-time calculation of the EuroMTS Index with MTS Bid prices.
March 2003	Formation of EuroMTS Index Advisory Committee.
February 2003	Calculation of the EuroMTS Index with MTS Bid prices at 4 pm CET.
1 January 2003	Re-branding of the CNO Etrix as EuroMTS IndexCalculation of the EuroMTS Index Opening Fixing using MTS Bid prices at 1100 CET.
November 2002	EuroMTS Ltd acquires the intellectual property and calculation rights to the CNO Etrix Indices.
January 1999	Launch of the CNO Etrix Eurozone Government Index by the French Bond Association.
January 1989	Launch of the first French Government Index by the French Bond Association (CNO)