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

**A free sample of the Bond Liquidity Data is available [here](/marketplace/provider/listings/1f4870a1-4ea7-4dc4-830d-a9b29fd33942).**