Press
Eurex Bonds on Growth Path
Trading volume up by 7 percent / Product range expanded to include Italian government bonds / New participant admitted to trading on Eurex Bonds
02 Aug 2006
The international trading platform Eurex Bonds saw a seven percent year-on-year increase in trading volume over the first seven months of this year to roughly 88 billion (single counting). Volume in the core segment German government bonds increased by 14 percent to 69.2 billion (Jan. Jul. 2005: 60.7 billion), and volume in European Covered Bonds was up by as much as 113 percent to 3.5 billion.
Eurex Bonds rounds out the segment for European government bonds, thereby meeting the increasing demand on the market for these securities. As of 1 August, 14 Italian government bonds have also been available for trading. The segment for European government bonds was launched in June 2005 with Austrian and Dutch government bonds, and was successfully expanded on 3 July of this year by 35 government bonds from Belgium, Finland, France, Greece, Ireland, Portugal, and Spain. In July 2006 alone, revenue in the segment for European government bonds totaled 140 million.
A further international trading member firm, SEB AG, was admitted to trading on Eurex Bonds in July, bringing the number of Eurex Bonds participants to 33, including the German Finance Agency (Deutsche Finanzagentur) and Deutsche Bundesbank. Monthly trading volume on Eurex Bonds is currently at an average of 12.6 billion; in July the figure was 14.9 billion.
