London, December 06, 2021 –Exchange Data International (EDI), a leading provider of global security corporate actions, pricing, and reference data services, announced the launch of their Reference Rates and Yield Curve Service today.
Reference Rates provides 700+ reference rates globally with historical data coverage going back to 2010, the service can be utilized to determine interest rates for financial instruments including floating-rate notes and interest rate swap fixings. EDI offers Interbank and benchmark Reference Rates data for 53 currencies, including Euro legacy ones.
The Yield Curve Service provides a term structure of interest rates under various scenarios, including IBOR discounting, OIS discounting, and use of Risk-Free Rates (“RFR”). The service provides data including quoted bids and asks on global interest rate swaps and basis swaps, implied zero-coupon yields and discount factors, cap/floor volatilities, and swaption volatilities.
Together, the Reference Rate and Yield Curve Services will help financial industry participants to make the transition more easily from IBOR to RFR regimes, which is scheduled to take effect at the end of 2021.
Jonathan Bloch, CEO at EDI, comments: “With the abolition of Libor there have been tremendous changes in the reference rates used. This new service from Exchange Data International covers hundreds of reference rates and yield curves.”
The service is updated hourly and available via SFTP, Email, or XML. The information can be loaded into internal systems that allow trading and settlement engines to accurately complete transactions.
For more information, please visit the product page or request a free trial via [email protected].
Press Contact
Romy Threadgold
Marketing Manager, Exchange Data International
Email: [email protected]
About Exchange Data International
Exchange Data International (EDI) helps the global financial and investment community make informed decisions through the provision of fast, accurate, timely, and affordable data reference services. EDI’s extensive content database includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices, and shares outstanding, delivered via data feeds or the Internet. The firm covers all major markets and has recently expanded its data coverage to include Economic Data.
EDI’s professional sales, support, and data/research teams deliver the lowest cost of ownership whilst at the same time being the most responsive to client requests. EDI has achieved internationally recognized quality and security certifications ISO 9001 and ISO 27001.
Headquartered in the United Kingdom, we have staff in Canada, Germany, India, Morocco, South Africa, and the United States.