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(B)/W to Arithmetic mean
Arm’s-length price to Bond
Bond basis to Cash concentration
Cash concentration or disbursement to Corporate Bond Purchase Scheme
Corporate Credit Ratings: A Quick Guide to Depo
Depo market to Emotional intelligence
Emphasis of matter to Feasible set
Fed to Glass-Steagall Act
GlaxoSmithKline to Imposter syndrome
Impostor syndrome to LTV
LVNAV to Member
Member-administered closed user group to OR
ORB to Perpetual bond
Perpetuity to Real-time processing
Real-time settlement to SSRB
SSS to Structured deposit
Sub to Treasury Workstation Integration Standards Team
Treasury bills to Zero coupon
Zero coupon bond to Zero rated

Random article

Price value of a basis point


The expected or the actual money amount of the change in price of an instrument or portfolio, following a one basis point (0.01%) change in nominal annual yield (= 0.0001 as a decimal).

PVBP can be calculated on an estimated basis from the modified duration as:

PVBP = Modified duration x Price x 0.0001

PVBP can also be calculated via a full recalculation of the market value of the instrument or portfolio at each of the two yields (differing by 0.01%).

The PVBP calculated on this basis is then the difference between the two related market values.

The calculated PVBP will differ slightly, depending on the method of calculation.

PVBP also varies with the current yield for the instrument or portfolio under review.

Commonly shortened to PVBP or PV01.

Also known as the Dollar value of a basis point (DVBP or DV01).

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