Bloomberg Enhances Pricing Services for Australian Bonds with Intraday Access and Improved Market Analysis Tools
Bloomberg Enhances Pricing Services for Australian Bonds
In a significant development for investors, Bloomberg has announced the expansion of its evaluated pricing service, BVAL, and its intraday pricing service, IBVAL. This update aims to provide comprehensive fixed income pricing for Australian bonds in a unified manner, marking a noteworthy step for the Australian financial market.
Expansion of Pricing Services
As of November 17, 2025, Bloomberg's enhancements come at a crucial time for Australia's securitized products market, which witnessed record issuances in 2024, totaling $79.46 billion AUD. This makes Australia the third-largest market for securitized products worldwide, trailing only the United States.
The company has added 600 Australian Asset-Backed Securities (ABS) to its pricing portfolio, complementing the existing coverage of 1,600 Residential Mortgage-Backed Securities (RMBS) and various corporate bonds. As a result, BVAL now serves as a single source for evaluated pricing across a broader array of Australia's fixed income markets. This advancement allows investors to better compare their risk, return, and valuation trends across different asset classes, facilitating more coherent reporting and downstream analytics.
Enhanced IBVAL Pricing
In addition to BVAL's improvements, Bloomberg has strengthened its IBVAL pricing coverage. This enhancement now includes not only USD corporate bonds and emerging market bonds but also AUD and NZD government and corporate bonds during Australian trading hours. Such comprehensive coverage addresses a persistent gap for local investors by providing near real-time pricing options aligned with the actual trading hours.
These changes are expected to greatly assist financial professionals navigating the complex landscape of Australian fixed income, making it easier to obtain accurate market information and perform comparisons across different investment grades. Jen Pariseau, the Global Head of BVAL Securitized Products at Bloomberg, emphasized the importance of these tools as investors look for more advanced resources to assess risk, return, and valuation trends.
Introducing BVAL Curves
Bloomberg has further enhanced its pricing tools with the introduction of mid and ask side issuer curves to augment the existing bid side issuer curves. This essentially rebalances the metrics to more accurately reflect market conditions by considering viewpoints from both buyers and sellers. This move aligns with the expectations of the Australian Prudential Regulation Authority (APRA) to ensure risk metrics are reflective of actual market conditions.
This comprehensive approach to pricing not only enriches the offerings available on the Bloomberg Terminal, where BVAL can be accessed, but also integrates with the Data License and various API solutions. Investors can take advantage of this upgraded service to make more informed decisions and capitalize on market movements effectively.
Conclusion: A Step Forward for Financial Transparency
Bloomberg's update to its pricing services represents a significant advancement in the transparency and accessibility of Australian bond pricing. With the incorporation of comprehensive coverage and intraday access, alongside robust analytical tools, investors are positioned to unlock new opportunities in the Australian securitized products market. As Bloomberg continues to innovate and enhance its offerings, the trajectory for financial clarity and efficacy in investment strategies appears encouraging. For more information, clients are encouraged to explore Bloomberg's pricing solutions via the Bloomberg Terminal or through their data services.