| 释义 |
Price value of a basis point Price value of a basis point (PVBP)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.Price Value of a Basis PointThe amount the price of a bond changes when the required yield changes by one basis point. Various factors influence the amount of the price value of a basis point, including the time until maturity and the coupon rate. However, in general, there is an inverse relationship between the price and the required yield. |