Basis point value
Encyclopedia
In finance
, basis point value (BPV) denotes the change in the price of a bond
given a basis point
change in the yield
of the bond..
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, basis point value (BPV) denotes the change in the price of a bond
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...
given a basis point
Basis point
A basis point is a unit equal to 1/100 of a percentage point or one part per ten thousand...
change in the yield
Yield (finance)
In finance, the term yield describes the amount in cash that returns to the owners of a security. Normally it does not include the price variations, at the difference of the total return...
of the bond..