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European bonds: MTS grip under threat

By Gillian Tett

Published: November 16 2007 10:11 | Last updated: November 16 2007 10:11

The Dutch are not often known for unleashing mini revolutions in modern finance. This winter, however, they may be about to do so in the world of European government bonds.

For in recent weeks, the government agency in the Netherlands that is responsible for overseeing the issue of Dutch debt has taken a striking decision: after almost a decade of encouraging banks that sell Dutch debt to trade primarily on exchanges linked to MTS, the Italian group, the Dutch will take a “neutral” stance.

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