iCDS vs Global Bond Data

iCDS is a free Credit Default Swap upfront fee calculator built on the official ISDA CDS Standard Model — the same pricing engine used across institutional fixed-income desks. Enter a quoted spread, coupon, recovery, notional, and tenor. iCDS computes the SNAC (Standard North American CDS) upfront charge live as you change inputs, with the dirty upfront, accrued, par spread, and first-order risk metrics visible alongside. WHAT'S INSIDE • ISDA CDS Standard Model (v1.8.3) compiled directly into the app • Seven SNAC maturities in one segmented row: 1Y / 2Y / 3Y / 4Y / 5Y / 7Y / 10Y • DIRTY UPFRONT card — total cash to settle (upfront fee + accrued), with components shown alongside • Default-risk-by-maturity chart — implied cumulative default probability at each tenor; tap a bar to price it • First-order risk metrics on every trade — CS01, IR DV01, Rec01 (bump-and-reprice) • Live overnight reference-rate curves from five central banks: – USD SOFR (Federal Reserve Bank of New York) – EUR €STR (European Central Bank) – GBP SONIA (Bank of England) – JPY TONA proxy (FRED / St. Louis Fed) – AUD AONIA (Reserve Bank of Australia) • Six regional contracts: NA, EM, EU, Asia, Japan, AUS • Spread input via preset chips and a numeric keypad; cap raised to 10,000 bp for distressed credits • ISDA RFR test-grid validation across all five currencies • In-app Diagnostics tab — deterministic self-tests for the pricing engine, IMM helpers, regional holiday calendars, and live overnight-rate fetchers WHO IT'S FOR Quantitative finance students, fixed-income professionals, and developers exploring CDS pricing. Source is open under Apache 2.0. NOT FOR Booking, settlement, trading, or any decision with real money behind it. iCDS produces indicative pricing only — not financial, investment, or trading advice. Rates may be delayed; calculations use a flat overnight-rate discount curve, a standard simplification. PRIVACY No data collection. No tracking. No accounts. Reference rates are fetched live from public central-bank endpoints. LICENSE Source code: Apache 2.0. Pricing engine: ISDA CDS Standard Model Public License (© 2009 JPMorgan Chase Bank, N.A., developed with Markit). Not affiliated with, endorsed by, or sponsored by ISDA, Markit, JPMorgan Chase, or any rate provider.

Global Bond Data is an information environment for financial market professionals and investors. The application provides a quick search facility for stocks, bonds and indices, as well as popular analytical tools. The Global Bond Data database contains more than 1 000 000 bond and Eurobond issues worldwide, 80,234 shares, 80,000 indices on stock markets, bonds, the commodity market and macroeconomics. The bond page contains data on current and archival quotes and yields on the stock exchange and over-the-counter market from market participants. Basic information about each issue is also presented: issue status, issue volume, coupons and payment schedule, placement and repayment dates, credit ratings, identification information, issue placement data and other parameters. The trading schedule, basic parameters, dividend payment schedule, information about the issuer, holders, and news are available on the stock page. On the index page you can find a graph of its values, the calculation method and a list of the papers necessary for its calculation. On the issuer's page, you can get all the information available on Global Bond Data on a particular issuer: general information, ratings, and reporting. The key functionality of the Watchlist application allows you to track information and quotes on a selected list of bonds, shares and indices. The list is added via a search in the Watchlist section or through the bond, stock, or index pages. In the Bond Calculator you can calculate the analytical indicators used in the valuation of bonds and Eurobonds. The tool allows you to calculate clean and dirty prices, accrued coupon interest (ACI), several types of bond yields, debt, as well as indicators of modified duration, convexity, PVBP, G-spread, and Z-spread, which allows you to analyze the volatility of debt market instruments and to evaluate changes in the bond price when the yield changes. The event calendar allows you to filter bond events by geographic location, as well as by event type, issue and issuer for a certain period. In the app you can build a market map based on your Watchlist, view your market maps or use pre-configured ready-made maps. There’s also a section on interest-rate curves. In a separate section of the application and on the issuers pages, there is a list of financial news that can be searched. We invite you to use our application and will be glad to hear your feedback!