IHS Markit Adds Proprietary Municipal Bond Reference Data to its Global Fixed Income Offering

  • Data , Market and Reference Data
  • 22.04.2021 03:59 pm

IHS Markit now offers validated reference data on 2.8 million municipal bonds, delivering high quality terms and conditions from more than 55,000 issuers. This critical dataset includes 280 fields which are sourced from IHS Markit’s comprehensive new issue market data, issuer official statements and strategic data partnerships. By leveraging artificial intelligence, parsing technology and real-time primary market data feeds, IHS Markit can deliver both the highest quality and most expedient data in its class.  

Reliable municipal reference data is essential for accurately forecasting bond cashflows, calculating performance attribution, assessing relative value, powering trade execution platforms and risk management. With access to accurate and timely data across functions, firms can create a superior enterprise security master for swifter decision making, enhanced auditing and compliance protocols, as well as precise regulatory reporting.

“Our reference data can provide comprehensive and expeditious views on key information for a diverse range of municipal bonds,” said Gianluca Biagini, global head of Pricing, Valuations and Reference Data at IHS Markit. “These terms and conditions are a foundational component of our own municipal bond pricing solution, and we are excited to make them available to institutional customers seeking a more robust, yet cost-effective municipal data service.” 

IHS Markit aggregates and validates municipal reference data from a variety of sources to provide key data points, including general purpose descriptions, issuer intelligence, cash flows, ratings and optionality schedules, among other attributes. The firm also processes critical corporate action types such as mandatory redemptions, pre-refunding, and defaults. 

The IHS Markit municipal reference data is available through intraday and end-of-day feeds via API, SFTP, Excel add-in, and Amazon S3 transmissions.

This offering is part of IHS Markit’s services for the municipal bond ecosystem, which includes capital markets issuance solutions, valuations and economic advisory services. IHS Markit also offers reference data across government, sovereign, agency and corporate (GSAC) bonds, securitized products, CDS, equities and loans, as well as entity/issuer data.

For more information on pricing and reference data services from IHS Markit, visit https://ihsmarkit.com/products/pricing-and-reference-data.html.  

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