Hi All, newbie here, was hoping someone could help or advise - I work for a Hedge fund and we are looking to create a fixed income pricing policy for the fund. This is a fixed income house that trades emerging market (and some G7) bonds
What are your views on pricing Bid vs. Mid and what are the advantages/disadvantages of either approach and what should we consider before deciding to adopt either approach?
Many Thanks in advance for your assistance!