Modified duration is a measure of a bond price sensitivity to changes in its yield to maturity. It is calculated by dividing the Macaulay’s duration of the bond by a factor of (1 + y/m) where y is the annual yield to maturity and m is the total number of coupon payments per period.
The two Trek-Segafredo leaders have developed a strong bond that will continue through 2022. UCI Women’s WorldTour leader Lizzie Deignan and Italian Road an ...
A strip bond is a bond where both the principal and regular coupon payments—which have been removed—are sold separately.
Duration is a way of measuring the interest rate risk of an individual or portfolio of fixed income securities. Learn the different types of duration.
Safely celebrate this peculiar year in professional cycling with the official Face Mask made by Santini. The mask features the unmistakable world championship rainbow stripes.It consists of two layers of 100% polyester fabric which enclose 4 layers of 100% TNT Polypropylene obtained with Spunbond and MeltBlown technology. One size. Made in Italy.
On-the-run treasuries are the most recently issued U.S. Treasury bond or note of a particular maturity.
Convexity of a bond is the phenomena that causes the increase in bond price due to a decrease in interest rates to be higher than the decrease in bond price owing to an increase in interest rates. It represents the change in duration that occurs due to change in bond yield. High convexity means higher sensitivity of bond price to interest rate changes.
Picture by Alex Whitehead/SWpix.com - 20/03/2016 - Cycling - 2016 UCI Para-cycling Track World Championships, Day 4 - Velodromo Montichiari, Lombardy, Italy - Great Britain's Sophie Thornhill and Helen Scott compete in the Women's Sprint Qualifiers.
The U.S. has the highest incarceration rate in the world, with more than 2 million people currently behind bars. How this affects their families is the subject of a new UC Irvine study, which found significant health and behavioral problems in children of incarcerated parents. The most striking finding is that in some cases parental incarceration can be more detrimental to a child’s well-being than divorce or the death of a parent.
A futures contract is a standardized agreement to buy or sell the underlying commodity or other asset at a specific price at a future date.
Dolphins have long been admired and revered in various cultures around the world. Known for their intelligence, playful nature, and strong social bonds, dolphins symbolize a range of positive attributes and deeper meanings. Here’s an in-depth look at what dolphins symbolize across different contexts and cultures. Intelligence and Wisdom Dolphins are often seen as symbols […]
Lance Armstrong is stripped of his seven Tour de France titles by cycling's governing body the UCI.
UCI research team pioneers imaging technique that clearly reveals structure, individual chemical bonds