SlideShare a Scribd company logo
1 of 16
Bond Valuation Harish Narula Rajesh Bangera Shiva Pillai
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Rajesh Bangera Harish Narula Shiva Pillai
Bond Fundamentals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Bond Terminologies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Bond Terminologies ,[object Object],[object Object],[object Object],[object Object]
Characteristics of Bond Prices ,[object Object],[object Object],[object Object],[object Object]
Basics of Bond Valuation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Yield To Maturity ,[object Object],[object Object],[object Object],[object Object]
YTM and the Coupon Rate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Duration ,[object Object],[object Object],[object Object],[object Object]
Duration (cont…) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Risk Bondholders face ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Inflation & Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object]
in MS Excel ,[object Object],[object Object],[object Object],[object Object]
Treasury STRIPS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]

More Related Content

What's hot

Financial mkt instruments
Financial mkt instrumentsFinancial mkt instruments
Financial mkt instrumentsRodixon94
 
Investment management chapter 1 introduction to investment
Investment management chapter 1 introduction to investmentInvestment management chapter 1 introduction to investment
Investment management chapter 1 introduction to investmentHeng Leangpheng
 
Bonds & Bond Pricing
Bonds & Bond PricingBonds & Bond Pricing
Bonds & Bond PricingDenni Domingo
 
All About Fixed Income Instruments
All About Fixed Income InstrumentsAll About Fixed Income Instruments
All About Fixed Income Instrumentsguest241aa3
 
The Time Value of Money
The Time Value of MoneyThe Time Value of Money
The Time Value of MoneyJyoti Yadav
 
Chapter 12 Cost Of Capital
Chapter 12 Cost Of CapitalChapter 12 Cost Of Capital
Chapter 12 Cost Of CapitalAlamgir Alwani
 
Interest rate swaps, caps.....
Interest rate swaps, caps.....Interest rate swaps, caps.....
Interest rate swaps, caps.....StudsPlanet.com
 
Chapter 09_The Money Markets
Chapter 09_The Money MarketsChapter 09_The Money Markets
Chapter 09_The Money MarketsRusman Mukhlis
 
Covered interest arbitrage (1) (2)
Covered interest arbitrage (1) (2)Covered interest arbitrage (1) (2)
Covered interest arbitrage (1) (2)Deepak Tandon
 
time value of money
time value of moneytime value of money
time value of moneyashfaque75
 
Time Value of Money - Business Finance
Time Value of Money - Business FinanceTime Value of Money - Business Finance
Time Value of Money - Business FinanceFaHaD .H. NooR
 
Time value of money ppt @ bec doms
Time value of money ppt @ bec domsTime value of money ppt @ bec doms
Time value of money ppt @ bec domsBabasab Patil
 
Chapter 06 Valuation & Characteristics Of Bonds
Chapter 06 Valuation & Characteristics Of BondsChapter 06 Valuation & Characteristics Of Bonds
Chapter 06 Valuation & Characteristics Of BondsAlamgir Alwani
 
Chapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsChapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsRusman Mukhlis
 
STOCK VALUATION
STOCK VALUATIONSTOCK VALUATION
STOCK VALUATIONCHARAK RAY
 
Risk, return, and portfolio theory
Risk, return, and portfolio theoryRisk, return, and portfolio theory
Risk, return, and portfolio theoryLatha Chilukamarri C
 
Chapter 2.Time Value of Money ppt
Chapter 2.Time Value of Money pptChapter 2.Time Value of Money ppt
Chapter 2.Time Value of Money pptZahraMirzayeva
 

What's hot (20)

Financial mkt instruments
Financial mkt instrumentsFinancial mkt instruments
Financial mkt instruments
 
Investment management chapter 1 introduction to investment
Investment management chapter 1 introduction to investmentInvestment management chapter 1 introduction to investment
Investment management chapter 1 introduction to investment
 
Bonds & Bond Pricing
Bonds & Bond PricingBonds & Bond Pricing
Bonds & Bond Pricing
 
All About Fixed Income Instruments
All About Fixed Income InstrumentsAll About Fixed Income Instruments
All About Fixed Income Instruments
 
BONDS, BOND VALUATION, AND INTEREST RATES
BONDS, BOND VALUATION, AND INTEREST RATESBONDS, BOND VALUATION, AND INTEREST RATES
BONDS, BOND VALUATION, AND INTEREST RATES
 
The Time Value of Money
The Time Value of MoneyThe Time Value of Money
The Time Value of Money
 
Chapter 12 Cost Of Capital
Chapter 12 Cost Of CapitalChapter 12 Cost Of Capital
Chapter 12 Cost Of Capital
 
Interest rate swaps, caps.....
Interest rate swaps, caps.....Interest rate swaps, caps.....
Interest rate swaps, caps.....
 
Chapter 09_The Money Markets
Chapter 09_The Money MarketsChapter 09_The Money Markets
Chapter 09_The Money Markets
 
Covered interest arbitrage (1) (2)
Covered interest arbitrage (1) (2)Covered interest arbitrage (1) (2)
Covered interest arbitrage (1) (2)
 
time value of money
time value of moneytime value of money
time value of money
 
Time Value of Money - Business Finance
Time Value of Money - Business FinanceTime Value of Money - Business Finance
Time Value of Money - Business Finance
 
Time value of money ppt @ bec doms
Time value of money ppt @ bec domsTime value of money ppt @ bec doms
Time value of money ppt @ bec doms
 
Chapter 06 Valuation & Characteristics Of Bonds
Chapter 06 Valuation & Characteristics Of BondsChapter 06 Valuation & Characteristics Of Bonds
Chapter 06 Valuation & Characteristics Of Bonds
 
TYPES OF BONDS
TYPES OF BONDSTYPES OF BONDS
TYPES OF BONDS
 
Chapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsChapter 12_The Mortgage Markets
Chapter 12_The Mortgage Markets
 
STOCK VALUATION
STOCK VALUATIONSTOCK VALUATION
STOCK VALUATION
 
Yield curve
Yield curveYield curve
Yield curve
 
Risk, return, and portfolio theory
Risk, return, and portfolio theoryRisk, return, and portfolio theory
Risk, return, and portfolio theory
 
Chapter 2.Time Value of Money ppt
Chapter 2.Time Value of Money pptChapter 2.Time Value of Money ppt
Chapter 2.Time Value of Money ppt
 

Similar to Bond Fundamentals, Valuation, and Risk Analysis

Chapter 4 Financial Instruments (Lecture 1).pptx
Chapter 4 Financial Instruments (Lecture 1).pptxChapter 4 Financial Instruments (Lecture 1).pptx
Chapter 4 Financial Instruments (Lecture 1).pptxmhsmncumbatha
 
Presentare Obligatiuni (engleza)
Presentare Obligatiuni (engleza)Presentare Obligatiuni (engleza)
Presentare Obligatiuni (engleza)PrivateBanker.ro
 
Security valuation bonds updated
Security valuation bonds updatedSecurity valuation bonds updated
Security valuation bonds updatedSudarshan Kadariya
 
Presentation on Bond market.pptx
Presentation on Bond market.pptxPresentation on Bond market.pptx
Presentation on Bond market.pptxSewaleAbate1
 
The valuation of bonds ppt @ bec doms finance
The valuation of bonds ppt @ bec doms financeThe valuation of bonds ppt @ bec doms finance
The valuation of bonds ppt @ bec doms financeBabasab Patil
 
Bonds and their valuation
Bonds and their valuationBonds and their valuation
Bonds and their valuationShamal Firake
 
ch14- LONG TERM LIABILITIES.ppt
ch14- LONG TERM LIABILITIES.pptch14- LONG TERM LIABILITIES.ppt
ch14- LONG TERM LIABILITIES.pptmorium2
 
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdf
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdfTOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdf
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdfkaylamaepalmadelacru
 
Security Analysis & Portfolio Management
Security Analysis & Portfolio ManagementSecurity Analysis & Portfolio Management
Security Analysis & Portfolio ManagementAkram Hossain
 
2. bond valuation_and_interest_rates
2. bond valuation_and_interest_rates2. bond valuation_and_interest_rates
2. bond valuation_and_interest_ratesEzgi Kurt
 

Similar to Bond Fundamentals, Valuation, and Risk Analysis (20)

Bond valuation
Bond valuationBond valuation
Bond valuation
 
Bond valuation
Bond valuationBond valuation
Bond valuation
 
Bond valuation
Bond valuationBond valuation
Bond valuation
 
Chapter 4 Financial Instruments (Lecture 1).pptx
Chapter 4 Financial Instruments (Lecture 1).pptxChapter 4 Financial Instruments (Lecture 1).pptx
Chapter 4 Financial Instruments (Lecture 1).pptx
 
Valuation bond
Valuation bondValuation bond
Valuation bond
 
Lecture004.pdf
Lecture004.pdfLecture004.pdf
Lecture004.pdf
 
Bonds
BondsBonds
Bonds
 
Bonds
BondsBonds
Bonds
 
Presentare Obligatiuni (engleza)
Presentare Obligatiuni (engleza)Presentare Obligatiuni (engleza)
Presentare Obligatiuni (engleza)
 
Ch06
Ch06Ch06
Ch06
 
Security valuation bonds updated
Security valuation bonds updatedSecurity valuation bonds updated
Security valuation bonds updated
 
Ch 03
Ch 03Ch 03
Ch 03
 
Presentation on Bond market.pptx
Presentation on Bond market.pptxPresentation on Bond market.pptx
Presentation on Bond market.pptx
 
The valuation of bonds ppt @ bec doms finance
The valuation of bonds ppt @ bec doms financeThe valuation of bonds ppt @ bec doms finance
The valuation of bonds ppt @ bec doms finance
 
Bonds and their valuation
Bonds and their valuationBonds and their valuation
Bonds and their valuation
 
ch14- LONG TERM LIABILITIES.ppt
ch14- LONG TERM LIABILITIES.pptch14- LONG TERM LIABILITIES.ppt
ch14- LONG TERM LIABILITIES.ppt
 
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdf
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdfTOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdf
TOPIC-5-Interest-Rate-and-Its-Role-in-Finance.pdf
 
Security Analysis & Portfolio Management
Security Analysis & Portfolio ManagementSecurity Analysis & Portfolio Management
Security Analysis & Portfolio Management
 
2. bond valuation_and_interest_rates
2. bond valuation_and_interest_rates2. bond valuation_and_interest_rates
2. bond valuation_and_interest_rates
 
Interest Rates
Interest RatesInterest Rates
Interest Rates
 

Recently uploaded

Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintSuomen Pankki
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Sonam Pathan
 
NCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxNCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxnaikparas90
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办fqiuho152
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证rjrjkk
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...Amil baba
 
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...Amil baba
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Commonwealth
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》rnrncn29
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxsimon978302
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...amilabibi1
 

Recently uploaded (20)

Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraint
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
 
NCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxNCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptx
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办
(办理原版一样)QUT毕业证昆士兰科技大学毕业证学位证留信学历认证成绩单补办
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
 
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...
NO1 Certified Best Amil In Rawalpindi Bangali Baba In Rawalpindi jadu tona ka...
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptx
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results Presentation
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
 

Bond Fundamentals, Valuation, and Risk Analysis

  • 1. Bond Valuation Harish Narula Rajesh Bangera Shiva Pillai
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.