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 closed flat while Nasdaq underperformed, down 0.6% as the flow towards tech ebbed. Companies with bloated valuation metrics fell over 2% while major tech companies like Apple and Netflix were down over 1%. US 10Y Treasury yields also shared the sentiment as yields eased slightly to 1.28%. Macro data came in better with US retail sales up 5.3% in January, the highest in seven months and the first monthly increase in four months and the second round of stimulus checks being spent cited as the primary reason. European indices moved similar to Wall Street, down ~0.3% with German Bund yields also easing 2bp to -0.37%. US IG CDS spreads were 0.3bp tighter and HY was 0.7bp wider. EU main CDS spreads widened 0.5bp and crossover spreads widened 2.6bp. Asian equity markets have started mixed to slightly softer, down 0.3% while Asia ex-Japan CDS spreads are 0.6bp wider. Asia ex-Japan primary markets are seeing the first dollar bond deal since last Wednesday with Ping An Insurance’s $250mn 10Y bond launched this morning.

Ping An Launches $ Bond; Macro; Rating Changes; New Bond Issues; Talking Heads; Top Gainers & Losers

Asia High Yield Bond Index

Ping An Launches $ Bond; Macro; Rating Changes; New Bond Issues; Talking Heads; Top Gainers & Losers