Bloomberg Orientation
AGENDA
• Introduction
• Login
• Unique keyboard navigation
• Looking up News
• Looking up Equities
• Equity Screening
• Looking up Industry-wide information
• Looking up Bonds, ETFs
• Looking up Macroeconomic data
• Looking up currencies
• Where do I get help?
INTRODUCTION TO BLOOMBERG
What is Bloomberg?
• Financial, news and economic database
• Real time information:- 15 min delay for academic subscribers.
• Scope: Global coverage
Bloomberg l.p.
Bloomberg L.P. is a financial data analytics and media company present in over 194 countries
that provides financial software tools, data services and news through the Bloomberg
Professional Service to financial and business companies.
Keyboard Navigation
Yellow =For different asset classes Esc END
SEARCH
CANCEL MENU
(eg equity, fixed income, commodity, etc)
Blue: Panel to toggle between windows. Enter F8
GO HELP
Green=Action EQUITY
Red=log on/off
4
Login
• Click on the Bloomberg icon on the desktop
• Use the unique login ID and password for each terminal.
Click on Create a New Login and
follow the instructions. Don’t
forget to take your mobile
phones as the Verification code
is sent to your phone or mail.
When you first log in to Bloomberg, up to four Bloomberg Panels appear. The panels are
independent workspaces that enable you to multi-task within the Bloomberg system.
Parts of each panel
Toolbar
Command Line
Function area
Information
Panel
How to use the command line?
• It is a command and menu-based system (command line
is not a search box.)
• How to use the database?
– Start from an asset class and then go forward from there
• Type the company name and wait for the drop down
• Choose what is relevant and required from the drop
down.
Functions and Securities
RUNNING FUNCTIONS WORKING WITH SECURITIES
• Functions are unique Bloomberg • Securities are financial instruments—
applications that provide analysis and like stocks and bonds— that you can
information on securities, sectors, analyze with Bloomberg functions.
regions and more.
• Two types
– Non-security: Non-security functions
provide information or analysis on an
entire market sector and do not require a
loaded security. WEI <GO>
– Security: Security-specific functions
analyze a loaded security.
– TTMT IN <EQUITY> GP <GO>.
Comprehensive Help (HL)
• HL allows you to search by
keyword across all categories
of information, including
functions, securities,
companies and people. HL
groups results by category and
relevance.
• TATA MOTORS EARNINGS Press
the <SEARCH> key on the
keyboard.
• HL appears with a categorized
list of matches. » Select the
appropriate match from the
featured search results section
of the screen
1: LOOKING UP NEWS
An Overview
NEWS
• NEWS ON TATA MOTORS ACQUISITIONS IN ECONOMIC TIMES
TOPIC Source
• NI : Filter the required topic from various available topics
• NH: Most upto-date news from particular sources.
• AID: automated insights on demand: This gives snapshot about
the loaded security from the entire Bloomberg database.
2: LOOKING UP EQUITIES
An Overview
Looking up equities
• If you know the
ticker for Tata
Motors (e.g. TTMT)
• Type “TTMT” and
then press F8 key to
get EQUITY.
Security Finder: SECF <GO>
• Allows you to filter
and search for all
securities available
on Bloomberg.
• Need to type in the
orange box to
search
• Sort the column by
clicking on the
header.
• Once a security is
loaded, you can
then run single-
security functions
like DES and RV.
TTMT IN Equity Menu screen
Accessing Menus
There are three
ways to access
menus (Menu
Button, Menu Key
and Yellow Key).
Example: To browse
the Equities menu,
press <EQUITY>
<GO>.
Example: To access
the menu of
functions that can
be used to analyze
TTMT US, enter
TTMT IN <EQUITY>
<GO>.
Equity overview: DES <GO>
DES provides consolidated financial
information about a specific corporate or
government security, including issuance and
redemption, identification numbers and
ratings.
Use DES to review, in one place, all the
descriptive information you need to
evaluate, buy, sell and trade a bond. To
simplify analysis, all the tools in DES remain
the same regardless of the type of bond.
Financial analysis: FA <GO>
Use FA (Financial Analysis) to
display financial history for a
specific company or equity
index, identify trends and to
gain data transparency so you
can analyze the value of a
potential investment,
partnership or acquisition
target
Price graph (chart): GP <GO>
• Graph and tables
including open,
high, low,
closing price, and
volume
• We can compare
graphs of two
companies and
indices also.
Historical price table: HP <GO>
HP is one of three
historical price tables
that allow you to display
a security's price, yield,
and/or volume plus the
close, open, high, and
low prices. You can also
select the time period
range and period
frequency.
Analyst recommendations
Analyst recommendations: ANR<GO> Broker/analyst reports: BRC<GO>
• ANR provide transparency into analyst • RES/BRC is your gateway to research
recommendations for a selected equity, so you
can determine the latest analyst sentiment, as from over 1,500 providers, including
well as monitor changes in opinion and analyze
the quality of analyst predictions. brokers, independent providers,
• analyst recommendations, price targets, price market research firms, industry
target time periods, and total return rankings, as
well as consensus rating for the equity. The associations, and other premium
consensus rating is based on broker content.
recommendations compiled by researchers
around the world. • The Research Portal screen is divided
• The screen is divided into 4 areas into a control area and a research grid.
– Control Area
– Consensus Rating
– Recommendation Charts
– Recommendations Table
EQRV: Relative valuation
• Use RV (Relative Value) to
perform a customized peer
group analysis using a
proprietary industry
classification system that places
companies in multiple
industries by revenue.
• Relative value analysis can be
applied to companies (stocks),
mutual funds or municipal
bond issuers.
SPLC
• Supply chain conditions provide crucial insights into a
company’s future; offers a unique look at supply chain
fundamentals–mapping business relationships across
suppliers, customers and competitors for more than 35,000
companies globally.
3: EQUITY SCREENING
An Overview
Equity screening: EQS <GO>
• Add screening criteria (e.g.
exchanges)
• Criteria may include universe
categories, such as countries,
exchanges, indices, security
types, security attributes,
security lists, as well as data
categories, such as
fundamentals, estimates,
financial and price ratios, and
technical fields.
• Use “Fields” button to search
for screening criteria
• Click on “Results” button
• Results list
• Analyse
4: LOOKING UP INDUSTRY-WISE INFORMATION
An Overview
FIND INDUSTRY INFORMATION: BI<GO>
• Go to Bloomberg
Intelligence • Enter
BI<GO> • Select
industry and drill
down to dashboard
• More than 100
analysts highlight
themes, performance
drivers and metrics
for each industry,
giving you insight and
perspective for your
investment decisions.
5: LOOKING UP BONDS
An Overview
Bonds screening: SRCH <GO>
• Go to “Example Searches” tab for pre-made screens
• Load Search to view results
Bonds can be screened based on various criteria such as
amount outstanding, maturity date, issue date, rating etc.
YAS
• Price a fixed-income security
using spreads to a benchmark
issue/benchmark curve,
• calculate risk/hedge ratios/cost
of carry, display market data,
pricing information, interpolated
spreads to benchmark curves,
• descriptive/ fundamental/rating
data and relative value analysis.
COMB
• COMB allows you to compare the
relative value of a customizable list of
corporate bonds or syndicated loans.
• You can use filters to find
bonds/loans that share similar
characteristics or import a list of
bonds/loans that you have previously
created and saved
Term structure, Yield curve
• Eg: RILIN <CORP>
• GC gives the yield curve.
• IYC<GO> International Yield Curves, graphs the term structure
of interest rates around the world. Compare government yield
curves and see where you can achieve the highest yield.
5: LOOKING UP MACROECONOMIC DATA
An Overview
Inflation Index in India, IIP, GDP
• ECO <GO> Use ECO (Economic Release Calendars) to display, customize and manage multiple
economic calendars. Economic calendars can be managed by region, country and event type, and can
display current, historical and upcoming economic event details.
– Click on Change Date (Data back to 1996)
• ESNP <GO> Use to display the economic statistics of a specific country.
– Choose country (example: United States)
– Choose Unemployment Rate
• ECST <GO> Use to display current and historical economic statistics
– Choose country (example: United States)
– Then choose CPI
• IMF <GO> Up to 50 Years of monthly financial and economic data on over 200 countries
CURRENCIES
Currencies
• FXIP <GO>: Forex information portal
• Eg: USDINR Curncy gives the MENU
• GP<GO> shows how the rupee has been doing against USD
• FXFC<GO> Forex forecasts.
CREATING PORTFOLIOS
Creating portfolios
PRTU<GO>
• Create -> Give it a name
• You can change the date and see how it performs.
• Analyze the basket of securities, YTD, Characteristics such as P/E, P/B, D/E
and dividends.
• You can also see how it performs when compared to a benchmark index.
• Generate a report-> chart or pdf
• Efficient frontier is not directly seen here, however we can get the
statistical summary such as Beta, Risk, Sharpe ration, Jensen measure,
Treynor measure etc.
OTHER COMMANDS
OTHER USEFUL COMMANDS
• Commodity Price Forecast: CPFC <GO>
• Economic Forecast: ECFC <GO>
• Other commands to note • Bloomberg Resource Centre Cheatsheets with
commonly used commands: BPS <GO>
• Other commands to note • Cheatsheets in PDF format, can be downloaded
• Other commands to note • To register for Bloomberg seminars, use BU
<GO> for Bloomberg University
• Other commands to note • Bloomberg Market Concepts BMC <GO> • 8-
hour course with 4 modules
• NLRT Set up Bloomberg Message (MSG) news alerts
Thank you
