Hi
I am new to this forum and was hoping i could get some help with basics in the linker market. Search net couldnt find the answers so please if you can.. some questions..
1- How are linkers quoted between traders and brokers. Is it on price i.e 100.40 - 100.43, is it on yield, breakeven or anyother ways ?
2- What are the most liquid linker markets US, EUR, UK ?
3- Do you find that just after they auction they are most liquid and in general how long is that for until it quiets down again ?
4- How are asset swaps quoted, is it quoted as a price over fixed LIBOR i.e. L+87bps ? are there any other pricing mechanisms ?
5- How long does an average trade in the IDB market take with linkers ?
Many thanks and i look forward to the answers
cheers
I am new to this forum and was hoping i could get some help with basics in the linker market. Search net couldnt find the answers so please if you can.. some questions..
1- How are linkers quoted between traders and brokers. Is it on price i.e 100.40 - 100.43, is it on yield, breakeven or anyother ways ?
2- What are the most liquid linker markets US, EUR, UK ?
3- Do you find that just after they auction they are most liquid and in general how long is that for until it quiets down again ?
4- How are asset swaps quoted, is it quoted as a price over fixed LIBOR i.e. L+87bps ? are there any other pricing mechanisms ?
5- How long does an average trade in the IDB market take with linkers ?
Many thanks and i look forward to the answers
cheers