Bond Calculator
- Heiða
Analytics
The Bond Calculator Window allows users to calculate the value of Icelandic bonds for any given settlement date. The Bond calculator supports all bonds listed on the Icelandic Stock Exchange.
Select a bond by typing the symbol in the textbox next to Symbol. When a bond has been selected, the basic properties of the bond show up in the Bond Calculator window.
The Clean Price text box will be filled and used for the bond calculation if a closing price or last price is available for the bond.
Press Calculate. The Bond Calculator will fill in the cash flow, accrued interest, remaining principal, etc.
Supported calculations
Values | Description |
|---|---|
Yield to maturity | (YTM) in % |
Dirty price | The Net Present Value of a bond |
Quote price | Clean or dirty price, depending on the bond |
Duration | Measures the sensitivity of the asset's price to interest rate movements, expressed as a number of years |
Accrued interest | The interest that has accumulated since the principal investment, or since the previous interest payment if there has been one already |
Index adjustment | Current principle adjusted with current CPI or CTI |
Principle with interest | The sum of current principle, accrued interest and the index adjustment |
Discount | The difference between the Net Present Value and the sale price |
Base point value | How much the value of the bond changes when the interest rate (yield) changes by one base point (0.01 percent). |