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

S&amp;P and Nasdaq continued to climb higher, up 1.4% and 1.6% respectively. All sectors were in the green with financials and industrials rallying the most, up over 2% higher while the FAANGs continued to trade higher. According to CNN, US Senate Democrats have reportedly said that President Biden did not discuss lowering the $1.9tn size on the Covid relief package during a virtual meeting. US 10Y Treasury yields firmed 2bp. FTSE was up 0.8%, though it underperformed European indices with reports of the new Covid variant reducing vaccine efficacy while DAX and CAC were 1.6% and 1.9% higher. US IG CDS spreads were 2.2bp tighter and HY was 10.6bp tighter. EU main CDS spreads tightened 1.5bp and crossover spreads tightened 9.6bp. Asia ex-Japan CDS spreads are 1.2bp tighter while Asian equities are ~0.2% higher today.

IRFC, Pertamina Launch $ Bonds; Macro; Rating Changes; New Bond Issues; Talking Heads; Top Gainer...

Asia High Yield Bond Index

IRFC, Pertamina Launch $ Bonds; Macro; Rating Changes; New Bond Issues; Talking Heads; Top Gainer...