Eurex will roll out a new interest rate contract on Sept.19, 2011, Mondovisione reports. The international derivative exchange’s new Mid-Term Euro BTP Future is based on notional medium-term bonds issued by Italy.

The future will be based on deliverable securities with a maturity of 4.5 to six years and an original maturity not exceeding 16 years. Eurex currently offers trading in the long-term Euro BTP Future and the Short-Term Euro BTP Future.

Click here for the story from Mondovisione.