Issues have to be large liquid benchmarks in each of the capital markets.
This results in a high quality but comparatively sparse scatter of 20 to 25 yield points in the one to ten years maturity spectrum. The input is therefore based on publicly available data and not on a model of the market. Precisely because the software deals specifically with a sparcity of input data, Mooyaart is able to maintain the input criteria at a uniquely high level. In a daily renewal of this Mooyaart basic yield curve, a daily updated benchmark is calculated against which a Specific Issuer's market performance can be measured. Specific Issuers are measured both at launch, primary trading and at secondary trading.