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 reversed their early losses ending the day slightly stronger as better than expected jobless claims seemed to mitigate the taper fears after the release of FOMC minutes – S&amp;P and Nasdaq gained 0.1% each. Most sectors ended in the green. IT and Healthcare up 1% and 0.9% respectively, led the gains while Energy, down 2.7% pulled down the indices. European markets closed lower – CAC was down 2.4%, FTSE 1.5% and CAX 1.3% lower. Saudi’s TASI and UAE’s ADX extended their losses and were down 1.3% and 1% respectively. Brazil’s Bovespa reversed its losses and was up 0.5%. Most Asian markets started in the red – HSI, Shanghai and Nikkei were down between 0.7% and 1.7% while Singapore’s STI was up 0.7%. US 10Y Treasury yields fell 2bp to 1.24%. US IG tightened slightly by 0.1bp while the HY CDS spreads widened 1.4bp. EU Main and Crossover CDS spreads widened 0.7bp and 2.9bp respectively. Asia ex-Japan CDS spreads were 6.1bp tighter.

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers

Asia High Yield Bond Index

Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers