Bondfloor Pricing Service

Bondfloor Pricing Service

Structured products comprise various underlying instruments; generally a classic investment instrument such as a bond, and a derivative. SIX Financial Information’s Bondfloor Pricing Service simply and transparently indicates the taxable component of the structured product concerned.

Structured products comprise various underlying instruments; generally a classic investment instrument such as a bond, and a derivative. SIX Financial Information’s Bondfloor Pricing Service simply and transparently indicates the taxable component of the structured product concerned.

Under the guidelines of the Swiss Federal Tax Administration FTA, capital growth on the bond component of a structured product – not the option component – is taxable. The Bondfloor Pricing Service provides the information needed to calculate the appropriate tax values each day.

Main benefits:

  • The tax values are clearly presented on your computer screen.
  • You see today’s tax value and a full history of instrument information, swap rates and calculated tax values.
  • Clear, transparent settlements based on current FTA guidelines.
  • No arbitrary under- or over-taxation, avoidance of worst-case settlements for withholding tax.
  • Simply download the information and import it into your systems.

How is the data delivered to SIX Financial Information?

We collaborate closely with the issuers of the financial instruments and the FTA in data delivery and verification.

The key data for the instruments are directly entered by the issuer using the Bondfloor Pricing tool and are then checked by the FTA. Once the FTA has confirmed the data, the instruments are calculated and published by SIX Financial Information.

With the Bondfloor Pricing Service, you can rest assured that you have access to correct, verified data at all times.

How do you receive the data?

You can access the Bondfloor Pricing Service via Internet or extranet (HTTP) from the comfort of your desk.

What’s more, the new “BFP Data Download” FTP service lets you automatically download the daily delta files in CSV format using an FTP script (please request this service separately).

In addition, the latest tax values, which form part of the Bondfloor Pricing data, are also supplied by the Valordata Feed (VDF) processing product.