Tullett Prebon, part of TP ICAP group, is one of the world's leading interdealer brokers. Primarily operating as an intermediary in the wholesale financial and energy sectors, Tullett Prebon facilitates the trading activities of its clients, in particular commercial and investment banks. Product areas include: Fixed Income Securities and their derivatives, Interest Rate Derivatives, Treasury products, Equities and Energy and Commodities.With offices in 24 countries, Tullett Prebon operates voice, hybrid, electronic, volume matching, algorithmic matching and risk mitigation platforms, to accommodate its clients' requirements and to satisfy the regulatory driven evolution of the marketplace.
Tullett Prebon Paris - Credit Research provides daily research on :
Corporate € bond issuers : Investment grade, High Yield and non-rated
Banking sector (surbordinated debt included) and insurance (EUR and USD issues)
Sovereign risk and macro events
We deliver to our institutional clients :
Daily Company news : CreditUpdate : day-to-day monitoring of credit events
Sector Analysis and Company Focus
Semi-annual and complete statistical key data of banks
Credit recommendations
Credit arbitrage presentations
The credit research is based on a dynamic and reactive methodology :
Financial analysis
Contextual analysis
Macro-economic analysis
Monitoring of issuers’ credit quality
Our bond investment recommendations (Outperform (+), Market perform (=) and Underperform (-)) are medium-term, for a period higher than 6 months
The research is highly reactive to specific company and market events.
Only in French currently