The fact FinanceAsia magazine featured Abdul Hussain with a crystal ball in the last issue looks prescient. At the half-way stage of our spread prediction competition he leads his peers in the fixed income research world.
The competition began on June 1 and invited investors to predict where three bonds spreads would be at the end of September 2. The bond spreads were KDB 06 5.25%, Petronas 2012, and PLDT 09. Against the investors we pitted the region's top fixed income research analysts.
If we were to close the competition at the half way point July 15, here's who would be winning on the analyst front
- KDB was trading at 88bp...