Fixed Income
Pricing Bonds
When it comes to pricing bonds, let’s first start with the basics. All bonds have an issue date, a maturity date and a stated face value or par value. Bonds are priced in 100s as a […]
time to maturity
Fixed Income
Understanding Bond Duration
When you’re reading about bonds, it’s almost impossible to not come across the word “ bond duration”. What does it mean and how does it affect your portfolio? Bond prices and their inverse relationship with interest […]