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

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Saudi Aramco reported a Q3 net income of $30.4bn, up 158% YoY and declared a dividend of $18.8bn to be paid in Q4. The sharp rise in net income was “primarily the result of higher crude oil prices and volumes sold and stronger refining and chemicals margins”. Bloomberg notes that the jump in profits has helped Aramco eclipse Apple to once again become the world’s most profitable firm. Aramco’s free cash flows were at $28.7bn compared to $12.4bn for the same period last year. Aramco’s gearing (Term of the Day, explained below) improved to 17.2% vs. 23% in December 2020 mainly due to higher cash and cash equivalents, driven by higher operating cash flows. Its capex was at $7.6bn in the third quarter, a 19% jump YoY and expects 2021 capex to be ~$35bn.

Asia High Yield Bond Index

Aramco Reports 2.6x Surge in Q3 Profits