Bloomberg Excel functions to access real-time financial data, historical prices, market data, news, and research reports in Microsoft Excel. Get step-by-step instructions and take advantage of these functions’ many benefits for traders, investors, and financial analysts.
Bloomberg Excel functions are powerful tools that allow users to access and analyze financial data directly from Bloomberg’s vast database. These functions are designed to provide real-time financial information for traders, investors, and financial analysts.
In this article, we will discuss the Bloomberg Excel functions in detail, including their uses, advantages, and step-by-step instructions on how to use them.
What are Bloomberg Excel functions?
Bloomberg Excel functions are a set of commands that allow users to access Bloomberg’s financial data directly from within Microsoft Excel. These functions enable users to retrieve real-time financial information, including historical prices, market data, news, and research reports.
The Bloomberg Excel functions are specifically designed to meet the needs of traders, investors, and financial analysts. They provide quick and easy access to essential financial information and enable users to perform complex financial analyses in a matter of seconds.
Advantages of Bloomberg Excel functions.
There are several advantages of using Bloomberg Excel functions, including:
- Real-time data: Bloomberg Excel functions to provide real-time data, which means users can access the most up-to-date financial information available.
- Efficient analysis: With Bloomberg Excel functions, users can quickly and easily analyze financial data, saving them time and effort.
- Wide range of data: Bloomberg has a vast database of financial information, including market data, news, and research reports, which can all be accessed through the Bloomberg Excel functions.
- Easy to use: Bloomberg Excel functions are easy to use and can be accessed directly from within Microsoft Excel.
Bloomberg Excel functions – Step-by-step instructions
Here are some of the most commonly used Bloomberg Excel functions and step-by-step instructions on how to use them:
BDH: Bloomberg Data History
The BDH function is used to retrieve historical data for a specific security or index. To use this function, follow these steps:
a) Type the following formula into a cell in Excel: =BDH(“ticker”, “field”, “start date”, “end date”)
b) Replace “ticker” with the security or index you want to retrieve data for.
c) Replace “field” with the Bloomberg field code for the data you want to retrieve.
d) Replace “start date” and “end date” with the dates you want to retrieve data for.
BDP: Bloomberg Data Point
The BDP function is used to retrieve real-time data for a specific security or index. To use this function, follow these steps:
a) Type the following formula into a cell in Excel: =BDP(“ticker”, “field”)
b) Replace “ticker” with the security or index you want to retrieve data for.
c) Replace “field” with the Bloomberg field code for the data you want to retrieve.
BDT: Bloomberg Data Table
The BDT function is used to retrieve real-time data for multiple securities or indices at once. To use this function, follow these steps:
a) Type the following formula into a cell in Excel: =BDT(“ticker1, ticker2, ticker3”, “field”)
b) Replace “ticker1, ticker2, ticker3” with the securities or indices you want to retrieve data for.
c) Replace “field” with the Bloomberg field code for the data you want to retrieve.
BDPH: Bloomberg Data Point History
The BDPH function is used to retrieve historical data for a specific security or index. To use this function, follow these steps:
a) Type the following formula into a cell in Excel: =BDPH(“ticker”, “field”, “start date”, “end date”)
b) Replace “ticker” with the security or index you want to retrieve data for.
c) Replace “field” with the Bloomberg field code for the data you want to retrieve.