Bond Reference Data for Global Markets.
Overview: In addition to Bond Prices and Bond Yield Analytics, we offer bond reference data that consists of security identifiers along with terms & conditions, events, and corporate actions for global fixed income securities.
Coverage: DIH’s bond reference data covers government and corporate debt instruments from over 150 countries.
History: We have data going as far back as 2007.
Updates: We update our data daily.
Delivery: You can receive our bond reference data in bulk files via download, S3 to S3, on-demand via API, or via your web browser.
License Terms: We license our bond reference data for either your internal use only or for display/redistribution to your clients. Unlike other data providers, DIH does not have purge clauses – so if you ever stop receiving data from us, you do not have to a ransom to keep the data you’ve already received and for which you’ve paid.
Pricing: Several inputs go into the pricing for our data. For example, do you want data for all available countries/markets and securities, or a subset? How much history do you want? Do you want updates going forward? Contact us to learn more.
Keep Pace with the Fixed Income Marketplace.
Of all of the asset classes in capital markets, fixed income can be one of the most complex. There are so many issuers, including supranational organizations, sovereign governments, non-sovereign governments, quasi-government entities, and corporations.
Each instrument has several features like its issuer, maturity, par value, coupon rate and frequency, and currency denomination. Keeping track of all of these features of a fixed income instrument requires complete and accurate bond reference data.
DIH provides bond reference data so you can always accurately identify fixed income instruments all of over the world. Such data facilitate your research, trading, clearing & settlements, and compliance with regulators.
Reliable bond reference data is essential for:
- Accurately forecasting bond cashflows
- Calculating performance attribution (i.e. why a portfolio’s performance differed from the benchmark)
- Assessing relative value
- Powering trade execution platforms
- Risk management
With accurate and timely data, you can create a superior security master for faster decision making, better auditing and compliance protocols, and improved regulatory reporting.
Bottom line… all participants in the fixed income markets need complete and accurate bond reference data.
What’s Included in Our Bond Reference Data.
Our bond reference data includes security identifiers along with terms & conditions, events, and corporate actions for:
- Government Bonds
- Treasury Bills
- Certificates of Deposit
- Commercial Paper
- Corporate Bonds (listed & OTC)
- Floating Rate Notes (FRNs)
- Permanent Interest-Bearing Shares
- Preferred Securities
We cover over 40 event types, including redemption, conversion, and defaults. Our data also includes static data on the key terms & conditions and call schedules.
In addition, we offer fixed income offering documents from multiple sources, including:
- Offering Circulars
- Bond Prospectuses
- Pricing Supplements
- Term Sheets
SOURCES OF OUR BOND REFERENCE DATA
All of our bond reference data is collected daily from exchanges, central banks, ministries of finance, and lead managers, as well as paying, calculation, and transfer agents. Much of the raw data involves translating source documents each day from dozens of native languages to English.
To ensure quality, at least two (2) sources are used when possible and all data is algorithmically and manually reviewed before being made available for download by our clients. This laborious process ensures the most complete and accurate data possible.
Who Can Benefit from DIH’s Data?
Because bond reference data is critical to so many facets of the capital markets, a wide variety of firms rely upon DIH’s data, including:
- Investment banks
- Brokerage firms
- Hedge funds (systematic & non-systematic)
- Asset managers
- Private equity firms
- Venture capitalists
- Proprietary trading firms
- High net worth investors
- Exchanges and trading venues
- Service providers (e.g. OMS, EMS, data vendors, etc.)
For example, the departments in the front-office of an investment bank include investment banking, capital markets, wealth management, sales & trading, and research.
The middle-office supports the front-office in the areas of technology, compliance, legal, and risk management. It checks whether deals negotiated by the front office conform to the agreements and also tracks profits and losses.
The back-office is involved in such critical functions as clearing & settlements and technology. It helps all departments function smoothly.
All of these departments benefit from having high-quality data.
How DIH’s Clients Use Our Data.
Most DIH clients use our bond reference data to maintain a complete and accurate security master of fixed income instruments. Such a security master is the backbone of their fixed income efforts.
Firms use our data for:
- Risk Management
- Clearing & Settlements
Given how important bond reference data is to a firm, it is critical to have accurate, complete, and timely data from a trusted data partner.
Flexible Updates & Delivery.
Our data is updated on a daily basis. This update process “follows the sun” with data from Asian markets becoming available for download first, followed by Europe, the Middle East, and Africa (EMEA), and finally by the Americas.
We provide a master file that includes all of the requested data as of that date. Then assuming you subscribe to updates going forward, we provide a delta file each day going forward with only the changes to the master file. A full refresh of data is also available upon request.
We offer several ways to access our data:
Bulk File Download – For most of our clients, downloading our data in bulk files is most convenient. We can deliver files in various formats (e.g. CSV) via download, S3 to S3 transfer, etc.
API – Some use cases are better suited for on-demand delivery of specific data points via an API.
Web Browser – Search our data via your web browser.