How to find data on Reuters quickly and easily - News

CHAPTER 5
BOND MARKETS
For most major bond types, including eurobonds and treasuries, the key <strong>data</strong>
displayed includes:
• Real-time spread <strong>to</strong> benchmark
• Real-time spread <strong>to</strong> interest-rate swap
• Real-time spread <strong>to</strong> asset swap
• Native and ISMA yield <strong>to</strong> maturity
• Accrued interest
• Modified duration
• Convexity
• Basis Point Value
• Reference <strong>data</strong>, including credit rating and clearing code
TIP
To view this <strong>data</strong> correctly, you must have display template v9.3 or greater.
CHAIN – CONTRIBUTED PRICE FOR A SECONDARY (OTC)
MARKET
Often, the easiest way <strong>to</strong> <strong>find</strong> a bond is <strong>to</strong> start with the chain displays of OTCtraded
bonds for each country.
To display a chain, you need <strong>to</strong> type the code and press the F3 key. For the
secondary (OTC) market, the chains show details of different issues and contributed
prices from a range of market players.
The code is made up of:
• The two-character country code
• The instrument indica<strong>to</strong>r
• The delimiter
For example:
Instrument indica<strong>to</strong>r for treasury bond
45
DETSY= F3
Country code for
Germany
Delimiter
Confidential