Bond Search
Identify comparable bonds and derive arm's-length interest rate ranges for transfer pricing benchmarking analyses
Bond Search allows transfer pricing professionals to search for comparable bonds, establish defensible interest rate ranges, assess rate sensitivity across key variables, and export bond-level data with structured documentation to support economic analyses and transfer pricing reports.
How Bond Search works
Filter by search criteria
Define your bond population using currency, instrument type, coupon structure, term to maturity, pricing date, credit rating, and issuer classification (financial vs. non-financial).
Review arm's-length statistics
Review summary statistics for the selected bond population, including the number of observations, user-defined percentiles, median, minimum and maximum yield, and yield distribution.
Run sensitivity analyses
Assess how currency, term structure, and credit rating affect the observed range. Visualize one-year interest rate trends to evaluate rate stability.
Export supporting data
Download the underlying bond data, the search process write-up, and the sensitivity analysis report to support transfer pricing analysis, internal review, and documentation.
What users can export
Bond Search generates export-ready outputs that support transfer pricing analysis and documentation.
Bond-level data
The complete list of comparable bonds with identifier, issuer name, instrument classification, issue and maturity dates, credit rating, yield, coupon, and price.
Search process documentation
A structured record of your search methodology, including database description, search criteria, filters applied, and the methodology used to identify the comparable bond population.
Sensitivity analysis report
Quantified impact of currency, term structure, and credit rating variation on the arm's-length range. Charts, statistical ranges, and one-year trend analysis support rate-setting justifications.
Want to review the complete sample package?
Sample outputs are provided for illustrative purposes only and do not constitute tax, legal, financial, accounting, or transfer pricing advice.
Save, repeat, and refresh searches
Store your search parameters within tpFins to re-run analyses for annual refreshes, rolling updates, and consistent year-over-year benchmarking. Maintain methodology repeatability across client engagements and compliance cycles. Users' export files are also saved in tpFins for future access.
Start benchmarking intercompany loans with Bond Search.
Use comparable bond data, historical yields, credit rating logic, sensitivity analysis, and export-ready documentation support in one transfer pricing workflow.