A total return index:
Budapest Stock Exchange Mortgage Bond Total Return Index (BMBX Total Return)
Budapest Stock Exchange Mortgage Bond 3 Year Yield Index (BMBX Yield 3Y)
Budapest Stock Exchange Mortgage Bond 5 Year Yield Index (BMBX Yield 5Y)
The purpose of the new indices is to assist investors in pricing mortgage bonds, and to help evaluate the performance of mortgage bond portfolios.
The indices consist of mortgage bonds listed on BSE, having a fixed interest rate, at least 3 billion Forints of outstanding value and at least a 1 year time to maturity. The datailed rules can be found in the index rulebooks.