Cusip Data
CUSIP (Committee on Uniform Securities Identification Procedures) data refers to a system used to identify securities, such as stocks, bonds, and other financial instruments, in the United States. Each security is assigned a unique nine-character alphanumeric code called a CUSIP number. This number helps to facilitate the clearing and settlement of securities transactions.
The data associated with CUSIP numbers includes various details about the security, such as:
1. **Issuer Information**: The name of the company or government entity issuing the security.
2. **Security Type**: Whether the security is a bond, stock, or another financial instrument.
3. **Coupon Rate**: For bonds, this would refer to the interest rate the issuer pays.
4. **Maturity Date**: The date when the principal of a bond or similar instrument is due to be repaid.
5. **Price and Yield**: Information on the market value and returns for fixed-income securities like bonds.
CUSIP data is used by financial institutions, investors, and market participants to track and manage securities and transactions. It helps reduce errors and improve efficiency in the securities market.
https://cusipdata.com/