PRICE VALUE OF A BASIS POINT (P.V.B.P.)


Meaning of PRICE VALUE OF A BASIS POINT (P.V.B.P.) in English

Also called the dollar value of a basis point, a measure of the change in the price of a bond if the required yield changes by one basis point .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.