Bloomberg today announced its innovative pricing solution, Intraday BVAL (IBVAL) Front Office, now covers all EUR and GBP investment grade and high yield credit bonds included in Bloomberg's flagship Europe and UK credit indices, and more. New contextual features have also been released giving traders insight into IBVAL's pricing. This marks the latest expansion of IBVAL, which launched in 2023 pricing USD credit securities.
"As credit markets transition to more electronic trading, there's increasing demand for rapid pricing insights, especially for less liquid securities, to actively manage client portfolios, develop credit algos, execute portfolio trades, and to inform trading decisions more broadly," said Eric Isenberg, Global Head of Enterprise Data Pricing at Bloomberg. "The introduction of IBVAL pricing in Europe backed by contextual metadata provides a new defensible price discovery channel for the world's largest credit markets
"The introduction of IBVAL pricing in Europe backed by contextual metadata provides a new defensible price discovery channel for the world's largest credit markets

Source prnewswire