PVBP
From Open Risk Manual
Definition
PVBP. Sensitivity of the price for one basis point change in yield, defined as the difference in price given 1 bp change in yield.
Price value of Basis Point Definition: The difference in price given 1 bp change in yield. This is like Duration but normalized to 1 basis point. Synonym DV01
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
