Market Driven Pricing for Complex Debt

Valuations

How confident are you in explaining where your bond valuations come from?

At Corvid Partners, we specialize in market-driven valuations for illiquid and structured fixed income securities. We price bonds across a wide spectrum, including investment-grade and high-yield corporates, municipals, sovereigns, agencies, quasi-governments, supranationals, distressed, and defaulted debt.

We combine decades of trading experience with proprietary data and ongoing dialogue with active market participants to deliver valuations that reflect actual market conditions—not just theoretical models or book values.

Confident in your valuations when it matters most?

Especially in volatile or thinly traded markets, confidence comes from knowing your numbers are grounded in how the market actually operates—not how someone or some model thinks it should.

What Sets Our Valuations Apart

Transparent and Defensible

Need help refining a pricing model or testing a new liquidity metric? Our consultants bring both the quantitative muscle and practical perspective to make your models work in the real world.

Custom Indices and Credit Mapping

We build custom indices and credit maps reflecting market sentiment and key factors—like news, jurisdiction, rating, sector, and structure—to create pricing, trading, and hedging benchmarks.

Trusted by the Industry

As one of the largest contributors to Bloomberg Valuations, we serve regulators, global banks, public pensions, insurance companies, and institutional investors with pricing built for high-stakes decisions.

Liquidity-Aware Pricing

We evaluate not only credit risk, but also the likely ability to transact—factoring in deal size, current market depths, and historical tradability.

Real Marketplace Intelligence

Our pricing incorporates daily conversations with market makers, traders, and portfolio managers—not just data feeds.

Extensive Asset Coverage

From mainstream bonds, loans, and royalties to distressed and structured credit, we price the full spectrum of fixed income.

“You cannot swim for new horizons until you have courage to lose sight of the shore.”

— William Faulkner

  • ABS

  • Reg XXX and AXXX securitizations

  • MBS

  • CMBS

  • ESPC’s (Energy Savings Performance Contracts)

  • Film and Music Libraries

  • Project Finance Bonds and Loans

  • Lottery Receivables

  • Healthcare Receivables

  • Mortgage warehouses

  • Index Linked securities

  • Pinnacle notes

  • High notes

  • CLN’s

  • CDO’s

  • Leveraged Loans

  • Title XI bonds

  • Jones Act ship financing bonds

  • IG, HY, and Distressed Munis

  • Government Bonds, Notes, and Bills

  • Sale Leasebacks of all kinds

  • Inflation Linked securities

  • Convertible Bonds

  • Supranationals

Other Illiquid, niche asset classes that we have worked on with our clients:

  • IG, HY, and Distressed Corporates

  • GSA leases

  • Litigation claims

  • RMBS

  • Floating Rate Notes

  • Variable Rate Demand Notes and Obligations

  • Auction Rate Notes

  • Quasi-Government Bonds, Loans, and Contracts

  • Contract Securitizations

  • Derivatives of all kinds

  • Public Private Partnerships (P3 paper)