Index
Add-on rate (AOR), 3–13, 19–22, 94, 96
Adjustment factors
interest rate forwards and futures, 168–170, 184
money market implied forward rates, 94, 95
After-tax rate of return, 63, 65–82
All-in cost, 55
Annual percentage rate (APR)
bond markets, 5, 27–32, 34, 36, 51
money markets, 5, 7, 9, 14, 15, 17, 19, 20, 22
Annual percentage yield (APY), 15
Arbitrage, bond reconstitution, 26, 27
Average duration and convexity
bond investment strategy, 211–217, 225, 228, 229
bond portfolios, 132, 135, 179, 191, 192, 205
Average yield, bond portfolios, 192–194, 204–207
Bank certificate of deposit. See Certificates of deposit (CDs)
Bankers acceptances (BA), 1, 3, 6, 8, 94, 95
“Barbell” portfolio, 189
Get BOND MATH: The Theory Behind the Formulas now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
