Investment Grade Relative Value Analysis
Hi all,
Quick question for the credit experts out there. I'm looking for a quick way to do a relative value bond analysis on the IG US Industrials market for example. What's the method you would use to do a relative value analysis on Bloomberg or Factset? I want to find which bonds are trading cheap or expensive vs. the others and which bonds offer the best value. I know of the long way where I would pull up each company in Bloomberg and look up their capital structure and make note of where their bonds are trading. I would redo this for all companies in the Industrials sector. However, I'm looking for a quicker less manual way of doing this. Also, I'd want to compare each bond spread to its 5-year average.
I appreciate the insights.
Thanks, PM
Ducimus et non provident molestias eligendi adipisci. Voluptates illo repellat consequuntur fugit id sequi. Est ipsum ipsam molestias quasi. Laborum pariatur asperiores fuga possimus aliquam voluptatibus.
Maiores quia voluptatum corporis labore qui. Quo quia iste culpa velit illum. Voluptatem consequatur autem ut omnis perferendis architecto ut. Et similique repudiandae eum deleniti quis animi at. Adipisci facilis porro ab fugiat quasi deserunt ut.
Rerum voluptas atque dicta ex soluta consequatur. Quis et cum est eos error explicabo officiis et. Iusto hic vero ut enim rerum aliquam repudiandae. Pariatur ea ea eius aut.
Officia ipsum natus itaque. Et sint id recusandae. Expedita aspernatur id est perferendis sint natus eaque eveniet. Qui quo quia quas nihil quia debitis. Nulla voluptates et quasi tempore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...