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JerBouma committed Apr 22, 2024
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Expand Up @@ -2569,24 +2569,24 @@ The bond statistics contains a variety of different metrics to evaluate a bond.
- **DV01:** The dollar value of a 0.01% change in yield to maturity.
- **Convexity:** The second derivative of the bond price with respect to the yield to maturity.

It gives a complete overview of the bond's performance. Find the documentation [here](https://www.jeroenbouma.com/projects/financetoolkit/docs/fixedincome#get_bond_statistics) and an example below:

| | Bond |
|:--------------------|---------:|
| Par Value | 100 |
| Coupon Rate | 0.05 |
| Years to Maturity | 5 |
| Yield to Maturity | 0.08 |
| Frequency | 1 |
| Present Value | 88.0219 |
| Current Yield | 0.0568 |
| Effective Yield | 0.05 |
| Macaulay's Duration | 4.5116 |
| Modified Duration | 4.1774 |
| Effective Duration | 4.0677 |
| Dollar Duration | 3.677 |
| DV01 | 0.0004 |
| Convexity | 22.4017 |
It gives a complete overview of the bond's performance. Find the documentation [here](https://www.jeroenbouma.com/projects/financetoolkit/docs/fixedincome#get_bond_statistics) and an example below which shows the bond statistics for three different bonds.

| | Bond 1 | Bond 2 | Bond 3 |
|:--------------------|---------:|---------:|---------:|
| Par Value | 100 | 250 | 50 |
| Coupon Rate | 0.05 | 0.02 | 0.075 |
| Years to Maturity | 5 | 10 | 2 |
| Yield to Maturity | 0.08 | 0.021 | 0.03 |
| Frequency | 1 | 1 | 4 |
| Present Value | 88.0219 | 247.766 | 54.3518 |
| Current Yield | 0.0568 | 0.0202 | 0.069 |
| Effective Yield | 0.05 | 0.02 | 0.0771 |
| Macaulay's Duration | 4.5116 | 9.1576 | 1.8849 |
| Modified Duration | 4.1774 | 8.9693 | 1.8709 |
| Effective Duration | 4.0677 | 8.5181 | 1.8477 |
| Dollar Duration | 3.677 | 22.2228 | 1.0168 |
| DV01 | 0.0004 | 0.0022 | 0 |
| Convexity | 22.4017 | 93.7509 | 4.0849 |

> **Present Value**
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