WebCab Bonds for COM v2.01

DurationConvexity.PercentagePriceChange Method 

Evaluates the percentage change of the bonds price by a small parallel shift of the interest rate curve which the bonds depends on.

public double PercentagePriceChange(
   double deltaYield,
   double duration
);

Parameters

deltaYield
The small parallel shift (in absolute terms) of the interest rate curve. That is, if the implied 3 month yield is 3.5 percent, and the 6 month yield is 3.7 percent then a parallel shift of 0.1, would result in a 3 month yield of 3.6 percent and a 6 month yield of 3.8 percent.
duration
The duration of the bond.

Return Value

The percentage change in the price of the bond in decimal format (i.e. 1 percent = 0.01).

Remarks

Note that the returned percentage change is expressed in decimal format (i.e. 1 percent = 0.01).

See Also

DurationConvexity Class | WebCab.COM.Finance.Bonds Namespace