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One very useful function is the ability to look up a security based on its ISIN code. This allows you to quickly and easily identify the securities in your portfolio without having to enter the security’s name or ticker symbol.
The information contained in the FIGI APIs, such as interest rates and cash flows, are provided in a normalized format that can be easily translated into any local currency. This also gives users the flexibility to choose what currency they want to use when viewing market data.
These are examples of some of the things you can do with FIGI:
– Get the interest amount and payment date for a specific fixed income security
– Determine the coupon amount and frequency for a fixed income security
– Determine which bond was issued first using issue order data and issue date information
– Obtain information about two bonds at issuance and their subsequent price changes over time
– Obtain current market prices for bonds on any given day since issuance
– Calculate duration for any bond using its price curve and interest rate information
– Obtain current yield to maturity or price value at maturity from yield curve data and bond price information
– Get cash flow information for a specified time period for any bond
– Analyze historical pricing data for fixed income securities by obtaining daily price snapshots for a specified period of time
– Get open, high, low, and close values from a price index over a specified period of time
– Get index composition data such as bond counts, weightings, and issuers
Be able to retrieve all the FIGIs codes related to any security based on its ISIN code.
You can check Get FIGIs Numbers by ISIN Codes API for free here.
