Create and Update Bonds

Create Bond

Navigate to Instruments > Create Bond to create a bond instrument.

Follow the wizard in four steps to create the bond. Fields marked with a star (*) are mandatory.

Property	Description
Name	Name of the instrument
ISIN	The ISIN-code of the instrument
Symbol	Bloomberg Open Symbology which can be found here.
Instrument Status	Controls the availability i.e. whether an instrument is tradable.
Visibility	The listing of instruments. I.e. if an instrument is visible for a particular user.
Type of bond	Convertible, Fixed rate, Floating rate, Zero coupons, Exchangeable, Structured product
Currency	The currency that the instrument is based in. The currencies that are available in the Bricknode instance is shown as options
Tax country	The country where the instrument is based according to tax reasons. The countries available in Bricknode Broker.
Market Place	The default marketplace where the instrument is traded. The Trading Venues that are listed in the Bricknode Broker.
Issuer	Legal entities in Bricknode Broker that have issued the instrument

Property	Description
Multiplier	The size of the bond should be entered here.
Margin rate for long positions	This is the margin rate that could be applied for long positions.
Margin rate for short positions	This is the margin rate that could be applied for short positions.
Coupon interest	The interest that will be paid as the coupon.
Is the coupon payment guaranteed?	Self-explanatory
Price type	Dirty or Clean price
Instrument series	A free text field where you can enter if the instrument belongs to any series.
Payment frequency	How often will the coupon payment occur?
Capitalization type	Accrued interest is being applied every night to the instrument and this selection defines how often the accrued interest should be capitalized. This is an information field and is not linked to any function which means that you have to trigger the capitalization manually in the application.

Property	Description
Initial price	The price of the instrument
Initial price date	The price date of the instrument
Number of decimals to use for the price	The number of decimals to use when showing the price of the instrument
Show price in percentage (%)	If checked, the price will be displayed as a percentage value.
Number of decimals to use for quantity	The number of decimals that should be used for the tradable units.
Datasheet	A link to an instrument description (URL)
External reference	A reference that could be used to link the instrument to an external system or some other reference.
Buy commission	The percentage commission charged on buy orders.
Sell commission	The percentage commission charged on sell orders.
Fee for selling early	The percentage fee charged on orders that are being executed within the lock-in period.
Lock in period (days)	The period that a legal entity should be locked in before being able to sell after having purchased the bond.
Available account types	Here you can select which account types that should be able to place trades in the instrument. If no account types are entered then the instrument will be able to be traded in all account types.
Comment	This is a free text comment where you can enter any text that you would like to tag to the instrument.

Properties	Description
Issue date	The date the instrument is issued.
Expiration settlement date	The date on which the deliverable (cash or other assets) will be settled following the expiration of the instrument.
Expiration type	American or European expiration
Settlement type	If settlement for the instrument will be done in cash or physical delivery of the deliverable asset.
Day count basis	The day count basis that should be used for the interest rate calculations. The available options are: Actual/Actual US 30/360 European 30/360 Actual/360 Actual/365
First interest calculation date	The first date on which the accrued interest will start accumulating.
Amortization plan	This is the periodization that should be used for the amortization payments of the bond. The available options are: Monthly Every other month Quarterly Every sixth month Annually At the expiration
First trade date	The first date on which the instrument should be available for trading.
Last trade date	The last date on which the instrument should be available for trading.

Click Create to Create the bond. The instrument is now visible in the Instrument list.

Navigate to Instruments.

Mark the instrument that you want to edit and click the Action menu and select Edit.

Now you can update the bond. Follow the guide to page 4 to Save the changes.