Bond Calculator

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).