Moody’s Adds Daily MBS Pricing to Fixed Income Platform

Moody’s Analytics said last week that it had partnered with Andrew Kalotay Associates and eMBS Inc. to add daily pricing of fixed-rate mortgage backed securities to CreditValues, its fixed-income pricing service. The agreement will allow Moody’s to enhance its CreditValues platform by offering end-of-day MBS pricing — including 4PM pricing to support mutual funds in their calculation of daily net asset value, and related analytics based on Kalotay’s fixed-income analytical capabilities and eMBS’s extensive securities database. CreditValues represents a master database for an extensive universe of fixed-income securities, offering modeled, evaluated and observed prices using Moody’s analytic engines, price discovery tools, and pricing data contributed by a number of major institutional investors. With the addition of the MBS valuations, Moody’s CreditValues suite will provide end-of-day and 4PM prices for over 2.5 million fixed-income securities, the company said in a press statement. “Our goal for CreditValues is to offer high quality pricing capabilities across a wide range of asset classes,” said Eric Kolchinsky, managing director at Moody’s Analytics. “The inclusion of MBS prices and related data makes Moody’s fixed income securities pricing platform relevant to more customers, demonstrating our commitment to building tools that contribute to greater transparency in the fixed income market.” For more information, visit http://www.moodys.com/creditvalues.

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