Free Trial
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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CREDIT SUPPLY
- A quieter week given the market volatility; ranked 19th out of 24 weeks in 2024 by volume.
- NICs remain elevated; we introduce median and trimmed mean NIC calculations to our table to allow for tracking with less impact from outlier deals. Average MNI NIC this week was broadly flat to last week though the trimmed mean NIC is +3bp.
- Cover ratio for the week increased to 2.9x; still below the YTD 3.2x but higher than the 2.5x seen in the last two weeks.
- Fourth longest WAM of the year with two EDF lines and one Motability line coming with >10yr tenors.
- Second lowest average tightening from IPT of the year with Dell/PKO Bank Polski tightening 25bp and the two Motability and three EDF lines tightening just 20bps.
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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok