Bond Calculator - HiBond3

About Bond Calculator - HiBond3

HiBond3 supports the yield/price conversion for a wide range of bonds, including traditional bonds like discount bonds, compound interest bonds, simple interest bonds, and coupon bonds, as well as more complex types such as hybrid bonds, amortizing bonds, and floating rate notes (FRNs).

It is designed to accommodate various options in the conversion process, such as prepaid status, ex-coupon day, and day count conventions, to enable flexible yield/price calculations.

The results of these calculations include Dirty Price, Clean Price, yield, accrued interest, duration, and convexity. Additionally, it provides information on cash flows occurring up to maturity and their present value after discounting.

Users can also visually analyze changes in price and investment indicators over time until maturity based on yield, and observe how investment indicators vary across different yield rates through interactive charts.