Bond Calculator
- Thor Thors
- Sigurður Lúðvíksson
- Valgerður Sigurðardóttir (Deactivated)
The Bond Calculator Window allows users to calculate the value of Icelandic bonds for any given settlement date. Bond calculator supports all bonds listed on the Icelandic Stock Exchange.
Step 1.
The users start out by choosing the bond from the Symbol text box. When a bond has been chosen the basic properties of the bond are populated. If a closing price or last price is available for the bond the Clean price text box will be populated and used for the bond calculation. Users can also choose to base the calculation on the Dirty price or a Yield.
Step 2.
Press Calculate. The Bond calculator will now populate 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). |