The Nordic bond market share commonalities with other bond markets that securities are traded on an infrequent basis. Except for a few moderately traded sectors, a clear and indisputable market price can thus seldom be easily obtained.
Valuations are mainly estimated based on broker quotes and indications, and in addition, several other sources of market information are used when available. Such market information may include secondary market trading levels, primary market issuance and market information provided by fund managers or traders. NBP`s main objective is to provide best-estimated market prices for the instruments covered.
This objective is accomplished through gathering information and data, cleansing and processing of data and quality assurance by experienced analysts.