Is Straight construction criteria (Corporate Bond)

Hi,

I just want to verify the criteria for the construction of the variable: TR.FiIsStraight, before using it as a filter.

According to the definition:

"Y/N flag indicating whether the bond qualified as "straight", meaning the bond is not callable, putable, convertible, or issued in more than one currency."

However, when looking at bond XS0161488498, it don't see why it is flagged as non straight. Maybe I am missing an additional criteria.

df, err = ek.get_data(
    instruments = ['XS0161488498'],
    fields = [
        'TR.FiIsPutable',
        'TR.FiIsCallable',
        'TR.FiIsConvertible',
        'TR.WarrantIssuePriceCurrency',
        'TR.FiCurrency',
        'TR.FiIsDualCurrency',
        'TR.FiIsStraight',
        'TR.FiCouponTypeDescription',
        'TR.FiIsSinkable'
    ]
)

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Accepted answers

nick.zincone

Hi @ricardo.henriquez

I would recommend you open a ticket within Refinitiv Support to challenge the value defined within the TR.FilStraight and confirm. When I attempt to utilize the Search API, I get a different result, i.e.

response =rdp.Search.search(
    view=rdp.SearchViews.GovCorpInstruments,
    filter="ISIN eq 'XS0161488498'",
    select="CouponTypeDescription,IsStraight,IsConvertible,CouponType, \
            IsWarrant,IsDualCurrency,IsSinkable,IsCallable,IsPutable, \
            ISIN,Currency"
)
response.data.df

All comments

nick.zincone

Hi @ricardo.henriquez

response =rdp.Search.search(
    view=rdp.SearchViews.GovCorpInstruments,
    filter="ISIN eq 'XS0161488498'",
    select="CouponTypeDescription,IsStraight,IsConvertible,CouponType, \
            IsWarrant,IsDualCurrency,IsSinkable,IsCallable,IsPutable, \
            ISIN,Currency"
)
response.data.df

ricardo.henriquez

Thank you for the response. Two more questions: (i) which method is likely to be more reliable (RDP or Search API)? (ii) How do do you loop your code in order to have the data for 3k+ corporate bonds?

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