Markit to provide liquidity metrics to leveraged loans, European ABS

By Sara Rosenberg

New York, Sept. 15 - Markit will offer liquidity metrics and composite liquidity scores for leveraged loans and European asset-backed securities (ABS), according to a news release.

So far, Markit's liquidity scores for leveraged loans show a steady improvement in liquidity this year. Globally, in 2010, the number of loans with Markit's score for the lowest level of liquidity dropped 13.6%, while the number of loans in categories for the highest two levels of liquidity increased 133%.

"Liquidity metrics provide new perspective for portfolio managers studying opportunities in the over-the-counter markets. Our ability to provide insight on the average size associated with dealers' bid-offer quotes, for example, is extremely valuable to clients who, until now, have not benefited from this level of transparency," said Armins Rusis, global co-head of fixed income at Markit, in the release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.