The MAX Index family is a set of widely used domestic government bond market benchmarks in Hungary. [1] The index family consists of the RMAX, MAX, MAX Composite and ZMAX indices. The indices calculated and published by the Hungarian Government Debt Management Agency Ltd. [2] on a daily basis. The index calculation method follows the EFFAS Bond Commission's total return bond index recommendations.
The inception date is December 31, 1996 and each index consists of local currency-denominated fixed-rate government bonds and bills of the Hungarian Republic.
The MAX Index family is a set of widely used domestic government bond market benchmarks in Hungary. [1] The index family consists of the RMAX, MAX, MAX Composite and ZMAX indices. The indices calculated and published by the Hungarian Government Debt Management Agency Ltd. [2] on a daily basis. The index calculation method follows the EFFAS Bond Commission's total return bond index recommendations.
The inception date is December 31, 1996 and each index consists of local currency-denominated fixed-rate government bonds and bills of the Hungarian Republic.