TRACE for Corporate and Agency API Specifications Update

FINRA has updated the TRACE for Corporate and Agency API Reference Data Specifications.

Beginning September 28, 2020, Seniority Type and Instrument Type are being renamed Security Type and Bond Type, respectively, for Corporate and ELN securities.  These two fields will continue to be combined to create the Debt Type Code. 

New values have also been added to Appendix 1 in the specifications. 

Security (Instrument) Type values:

CBND – Corporate Debt Security
VBND – Convertible Debt Security
ILS – Index Linked Security
ENT – Equity Linked Note
OTH – Other

Bond (Seniority) Type values:

OTH – Other

Coupon Types:

CNGT – Contingent
OTH - Other

Note: None of the existing Web API data formats are impacted by these changes.

Please contact FINRA Product Management or call (866) 899-2107 with questions regarding this notice.