Bloomberg Expands IBVAL Front-office Service to Cover Emerging Markets

Blomberg has expanded its Intraday BVAL (IBVAL) front-office pricing solution to cover emerging market bonds, as part of the firm’s push to provide enhanced pricing transparency.  According to a story in The Trade News, the firm has said that by adding emerging market bonds to IBVAL’s offering, both buy-side and sell-side traders will be able to integrate automated pricing into their trading workflows across new markets and execute trades with higher confidence. The move also sees IBVAL pricing coverage expanding to 22 hours a day, five days a week for the most actively traded securities. Through this expansion, IBVAL’s coverage increases by approximately 6,000 bonds, and has brought in issuers from 98 LatAM, EMEA and APAC countries, such as Mexico, Brazil, Turkey, and China.  The expansion also means that real-time pricing is now available across more than 95% of trade emerging market USD bonds, including both corporate and sovereign bonds, as well as emerging market EUR/GBP corporate bonds.