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on 17-Aug-2014 (Sun)

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Flashcard 149626385

Tags
#bonds #duration #finance
Question
[another name of DV01, not the meaning of the abbreviation DV01] or DV01 is the change in price in dollars, not in percentage.
Answer
Dollar duration

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Parent (intermediate) annotation

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Dollar duration or DV01 is the change in price in dollars, not in percentage.

Original toplevel document

Bond duration - Wikipedia, the free encyclopedia
e point change in yield) or ($ per 1 basis point change in yield) The DV01 is analogous to the delta in derivative pricing (The Greeks) – it is the ratio of a price change in output (dollars) to unit change in input (a basis point of yield). <span>Dollar duration or DV01 is the change in price in dollars, not in percentage. It gives the dollar variation in a bond's value per unit change in the yield. It is often measured per 1 basis point - DV01 is short for "dollar value of an 01" (or 1 basis poi