SINGAPORE — Bloomberg LP announced today that it will provide an end-of-day fixing for Singapore-dollar corporate bonds, supporting the Monetary Authority of Singapore’s (MAS) initiatives to boost liquidity in capital markets.
This data will serve as a key reference benchmark for mark-to- market and portfolio valuations. The fixing, calculated by using end-of-day pricing contributions from major primary dealers in Singapore, will be available live on the Bloomberg Professional service at FIQ and SGDC as of June 4.
“This initiative gives our clients all the tools and data they need to make informed investment decisions and valuations in the Singapore-dollar corporate bond market,” said Ben Macdonald, Bloomberg’s Global Head of Fixed Income.
Grant Coombe, Bloomberg’s Head of Asia Sales, based in Singapore, said, “Bloomberg’s new platform will improve efficiencies in the corporate bond market and will provide reliable pricing for the industry and asset managers alike.”
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately - is at the core of the Bloomberg Professional service, which provides real time financial information to more than 310,000 subscribers globally. Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, please visit www.bloomberg.com.