Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.RBIAV 7.375 32 has a backend of +520, RBIAV 1.375 33 +160 so this will be somewhere in the middle. Given this is perceived as one of the riskier names the market doesn’t seem to price in as much of a premium for higher backends as other curves, with credit risk a counterweight on higher price bonds.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.RBIAV 7.375 32 has a backend of +520, RBIAV 1.375 33 +160 so this will be somewhere in the middle. Given this is perceived as one of the riskier names the market doesn’t seem to price in as much of a premium for higher backends as other curves, with credit risk a counterweight on higher price bonds.