I noticed that for some instruments, price values have unknown data format for me. Example for the instrument 912810RT7=RRPS :
How can I interpret these values? Is there an alternative way to query the data for the =RRPS RICs which would display the prices as decimal values, rather than fractional?
To search the price for the latest quote, I look via Quote window for the specified RIC.
US Treasuries by convention are quoted in 32nds with minimum price fluctuation of 1/8 of a 32nd or 1/256. The notation on the offer side of the quote in your screenshot is interpreted as 116 + (26 + 1/4)/32 = 116.8203125. If you retrieve SEC_ACT_1 field, which provides the offer side of the quote, into Excel or using Eikon APIs, the data will be returned as a decimal value. Eikon displays the quote in 32nds because this is how traders dealing in US Treasuries are used to view it.
