DSS - Matured or Called Bonds

Asif Khan
Asif Khan LSEG
in DSS

When a bond matures – I know not to ask for EOD data again as there is a maturity_date on the security.

But when a bond is called (where no specific date is available)

How to do I know to stop asking for EOD data on it (datascope api) – it just starts returning no data rather than something indicating it was called?

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Best Answer

  • Jirapongse
    Jirapongse ✭✭✭✭✭
    Answer ✓

    @Asif Khan

    You can check the "Asset Status", or "Asset Status Description" fields.

     {
                "Code": "EOD.Asset Status",
                "Name": "Asset Status",
                "Description": "Code representing the status of the instrument.",
                "FormatType": "Text",
                "FieldGroup": " "
            },
            {
                "Code": "EOD.Asset Status Description",
                "Name": "Asset Status Description",
                "Description": "Description of Asset Status code.",
                "FormatType": "Text",
                "FieldGroup": " "
            },


    The valid status codes contain CLD (Called).

    1652338569741.png

    If it doesn't help, you can contact the DataScope Select support team directly via MyRefinitiv and ask for the method to verify the called bonds.

Answers

  • Archi
    Archi Newcomer

    Thanks - Asif was asking on my behalf - Generally I wanted to avoid asking for a price when a bond has matured or been called ie not trading so I guess Trading Status could also be used "Description": "1=active; 0=delisted."

    Question1: Is this a better field to use than asset status?

    The issue with DSS is say I have an ISIN for a bond that was called a while ago - DSS doesn't return any data against that bond at all (not even the status) except in the notes to say it is inactive (which is not really parseable from a coding perspective).

    Question2: Is there a different template that can be used to get whether the bond is active or not (currently using EOD Pricing Template). Its a bit strange that the asset status/trading status fields are null when the security ceasing trading - shouldn't they stay as inactive/called?

    I don't want to use a null to mark securities inactive my side.


    Notes:

    Last Modified: 2022-05-13 07:56:33\r\n(ISN,AU3CB0246668,YLD,AUSAB0924=YBAU) is inactive.\r\n(ISN,AU3CB0246668,YLD,AUSAB0924=YBAU)

    What DSS API Returns

    1652393573519.png


  • Jirapongse
    Jirapongse ✭✭✭✭✭
    https://community.developers.refinitiv.com/discussion/comment/93309#Comment_93309

    @Archi @Asif Khan

    This forum is dedicated to software developers using Refinitiv APIs. The moderators on this forum do not have deep expertise in every bit of content available through Refinitiv products, which is required to answer content questions such as this one.

    The best resource for DataScope Select content questions is the DataScope Selectsupport team, which can be reached by submitting queries through MyRefinitv. The support team will either have the required content expertise ready available or can reach out to relevant content experts to get the answer for you.

  • Archi
    Archi Newcomer

    Hi Jaripongse - thanks for your help. We are trying using the validation options to get back the trading status and seem to be having a bit more luck.

    "ValidationOptions": {"AllowInactiveInstruments": true, "UseDebtOverEquity": true}

    1652418926841.png


  • Jirapongse
    Jirapongse ✭✭✭✭✭
    https://community.developers.refinitiv.com/discussion/comment/93328#Comment_93328
    @Archi

    Thank you for sharing this useful finding.

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