Bond Liquidity Data

Overview Offers valuable insights into the European fixed income market, known for its fragmentation and lack of transparency. Derived from Clearstream settlement instructions, this post-trade dataset provides crucial information on instrument liquidity and trading activity for Eurobonds and International Securities. Positioned uniquely at the end of the fixed income value chain, Clearstream's International Central Securities Depository (ICSD) ensures access to essential post-trade data for informed decision-making in these markets. -European trading in fixed income instruments is highly fragmented and non-transparent, with most trading activity over the counter. -Quality data on fixed income instrument price and volume is critical for insightful valuation estimates in less transparent markets. -Clearstream’s International Central Securities Depository (ICSD) is uniquely positioned at the end of the fixed income value chain, providing post trade data. -Bond Liquidity Data provides market insight on instrument liquidity and trading activity through a post-trade data set which is derived from Clearstream settlement instructions. -Bond Liquidity data also includes post-trade information on Eurobonds and International Securities which are uniquely settled by Clearstream as one of the only hosts of settlement data in these markets. Designed for: -Vendors -Banks and asset managers -Bond issuers Use cases -Fairly value Fixed Income assets and portfolios -Generate unique liquidity scores or derive metrics in combination with other data sources -Marking-to-market illiquid bonds -Measure liquidity and systemic risk of bond issuers -Create new fixed income analytics (e.g. Specific bond liquidity for Repo Desks) -Generate demand and liquidity assumptions for bond issues in the secondary markets -Estimate execution prices for secondary trades Data details -Receive an aggregated number of transactions, a transaction amount, the nominal volume as well as the average price per ISIN and denomination currency -Bonds where the number of transactions is below a threshold will be reported with a time delay and only reported once the threshold is reached Disclaimer: The download and usage of the free sample data provided by Deutsche Börse AG via the Snowflake Marketplace is subject to the Terms of Use (which can be viewed on the right side). By downloading the data, you accept to adhere to the Terms of Use.### 概述 本数据集为欧洲固定收益市场提供了极具价值的洞察——该市场以碎片化特征与透明度不足著称。本数据集源自明讯银行（Clearstream）的结算指令，属于后交易数据集，可为欧洲债券与国际证券的工具流动性及交易活动提供关键信息。明讯银行的国际中央证券存托机构（ICSD, International Central Securities Depository）身处固定收益价值链的末端，拥有独特地位，可为上述市场的审慎决策提供必要的后交易数据支持。 - 欧洲固定收益工具的交易高度碎片化且透明度极低，绝大多数交易均在场外完成。 - 在透明度欠佳的市场中，固定收益工具的价格与成交量高质量数据，对于精准估值测算至关重要。 - 明讯银行的国际中央证券存托机构（ICSD）身处固定收益价值链末端，具备独特优势，可提供后交易数据。 - 债券流动性数据集通过源自明讯银行结算指令的后交易数据集，提供有关工具流动性与交易活动的市场洞察。 - 债券流动性数据集还涵盖欧洲债券与国际证券的后交易信息——作为此类市场中为数不多的结算数据托管方之一，明讯银行独家完成了这些证券的结算。 ### 适用对象 - 数据服务商 - 银行与资产管理机构 - 债券发行方 ### 应用场景 - 对固定收益资产及投资组合进行公允估值 - 结合其他数据源生成专属流动性评分或衍生指标 - 对非流动性债券进行市值计价 - 评估债券发行方的流动性与系统性风险 - 开发全新固定收益分析工具（例如：针对回购交易台的特定债券流动性分析） - 为二级市场债券发行生成需求与流动性假设 - 估算二级市场交易的执行价格 ### 数据详情 - 可获取按ISIN与计价货币分组的交易总笔数、交易金额、名义本金规模以及平均价格 - 交易笔数低于阈值的债券将被延迟披露，仅当交易笔数达到阈值后才会正式发布相关数据 ### 免责声明 德意志交易所集团（Deutsche Börse AG）通过Snowflake Marketplace提供的免费示例数据，其下载与使用需遵守《使用条款》（可在页面右侧查看）。下载本数据即视为您同意遵守《使用条款》。

搜集汇总

背景与挑战

背景概述

该数据集源自Clearstream结算指令，提供欧元债券和国际证券的流动性和交易活动数据，帮助金融机构进行资产估值、风险测量等分析。数据包含交易数量、金额等关键指标，但低于阈值的债券交易会延迟报告。