question

Upvotes
Accepted
Pankaj Jain avatar image
2 ●2 ●5 ●7

How to decipher bond prices from Reuters

Dear all

We recently configured the US treasury bond prices in our Reuters datafeed. Till now we were using Reuters datafeed only for FX, Equities and Interest Rates. The value which comes in is something like the attached screenshot - 99 176/256. How do we read this? Automatic import of this fails in our SAP system because its not numeric.

Thanks a lot

Pankaj

elektronrefinitiv-realtimetreppricing
bond-price.png (17.2 KiB)
icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

1 Answer

· Write an Answer
Upvote
Accepted
TCR avatar image
123 ●4 ●8 ●7

Hi Pankaj – the price is expressed as percentage of the bond's face value and quoted in mixed form. The fractional bit is quoted in 256s. So the price is 99 and 176/256 = 99.6875 of face value.

icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

Write an Answer

Hint: Notify or tag a user in this post by typing @username.

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.