Advanced Bond Concepts: Formula Cheat Sheet
  1. Advanced Bond Concepts: Introduction
  2. Advanced Bond Concepts: Bond Type Specifics
  3. Advanced Bond Concepts: Bond Pricing
  4. Advanced Bond Concepts: Yield and Bond Price
  5. Advanced Bond Concepts: Term Structure of Interest Rates
  6. Advanced Bond Concepts: Duration
  7. Advanced Bond Concepts: Convexity
  8. Advanced Bond Concepts: Formula Cheat Sheet
  9. Advanced Bond Concepts: Conclusion

Advanced Bond Concepts: Formula Cheat Sheet

Below is our formula cheat sheet for bond analysis.

Actual/Actual Day Count (Non-leap year)


Actual/Actual Day Count (Leap year)



Bond Price


30/360 Day Count


Accrued Interest (AI)


Adjusted Current Yield


Current Yield


Key Rate Duration


Macaulay Duration


Modified Duration


Yield




Yield to Call


Yield to Put


Zero Coupon Bond Price


Advanced Bond Concepts: Conclusion

  1. Advanced Bond Concepts: Introduction
  2. Advanced Bond Concepts: Bond Type Specifics
  3. Advanced Bond Concepts: Bond Pricing
  4. Advanced Bond Concepts: Yield and Bond Price
  5. Advanced Bond Concepts: Term Structure of Interest Rates
  6. Advanced Bond Concepts: Duration
  7. Advanced Bond Concepts: Convexity
  8. Advanced Bond Concepts: Formula Cheat Sheet
  9. Advanced Bond Concepts: Conclusion
RELATED TERMS
  1. Modified Duration

    A formula that expresses the measurable change in the value of ...
  2. Duration

    A measure of the sensitivity of the price (the value of principal) ...
  3. Macaulay Duration

    The weighted average term to maturity of the cash flows from ...
  4. Dollar Duration

    Dollar duration measures the dollar change in a bond's value ...
  5. Required Yield

    The return a bond must offer in order to be a worthwhile investment. ...
  6. Empirical Duration

    The calculation of a bond's duration based on historical data. ...
RELATED FAQS
  1. Which is a better metric, modified duration or Macaulay duration?

    Learn why the modified duration is a more useful metric than the Macaulay duration, and understand how the measures are different ... Read Answer >>
  2. What is the relationship between modified duration and interest rates?

    Learn about modified duration and Macaulay duration, how to calculate the durations of bonds, and how interest rates and ... Read Answer >>
  3. What is the average profit margin of a company in the chemicals sector?

    Learn more about the Macaulay duration and the modified duration, how to calculate a bond's Macaulay duration and modified ... Read Answer >>
  4. What is the risk return tradeoff for bonds?

    Find out more about the Macaulay duration and modified duration, how to calculate them and the difference between the Macaulay ... Read Answer >>
  5. How can I use a bond's duration to predict its return?

    Learn how the concept of duration is used to determine when future cash flows for a bond will equal the amount paid for the ... Read Answer >>
  6. What does the Macaulay duration indicate about a bond?

    Learn how the Macaulay duration shows the relationship between interest rate changes and the price of bonds, and see how ... Read Answer >>

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