Bond market data and technology, BondEvalue

BondEvalue

Bond market data and technology

BondEvalue is a Singapore-based Fintech that specializes in bond market data and technology. The company's information services business offers bond market data on hard-currency corporate & sovereign bonds across Asia, Middle East, Europe and the Americas. The data, which includes bond prices, yields, news and analytics, is offered to end investors via interactive Mobile and Web Apps. Investors can sign up for a free trial of the service either via the company's website (https://bondevalue.com) or by downloading the BondEvalue Mobile App (http://onelink.to/wej7jq). BondEvalue is also developing an electronic bond exchange, BondbloX in Singapore that allows investors to trade bonds electronically in smaller sizes (US$1,000 or equivalent). For more information, visit https://www.bondblox.com/

Bond Market Data and Technology

Credit

US markets inched higher to extend the record breaking streak for another day – S&amp;P and Nasdaq gained ~0.2%. Financials were up 1.2% while Energy and Industrials were up more than 0.5%. Healthcare and Real Estate were down 0.3% and 0.2% respectively. European markets looked for direction – FTSE and CAC were up 0.3% and 0.2% while the DAX was down 0.3%. Saudi’s TASI extended its gains by 0.1% while UAE’s ADX was down 0.2%. Brazil’s Bovespa gained another 0.5%. Asian markets have opened lower – HSI and Shanghai are down ~0.5% to 1%, while Nikkei and Singapore’s STI are hovering near yesterday’s close. US 10Y Treasury yields edged up another 5bp to 1.34%. US IG tightened 0.7bp while HY CDS spreads tightened 2.5bp. EU Main and Crossover CDS spreads also tightened 0.2bp and 0.3bp respectively and Asian ex-Japan CDS spreads tightened by 0.5bp. The Asian primary markets are having a rather busy day  after a few slow weeks with six new dollar deals launched today, the highest number of deals in a day since July 19 that saw 8 new deals.

Agile, SGX Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers

Asia High Yield Bond Index

Agile, SGX Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers