Cara Menghitung Bond Convexity
learn.whatIsHeading
Convexity measures how bond duration changes with yield, capturing nonlinear price-yield relationship missed by duration alone.
Panduan Langkah demi Langkah
- 1Input bond parameters: coupon, yield, maturity
- 2Calculate convexity
- 3Estimate price change accounting for both duration and convexity
Contoh Terpecahkan
Masukan
Long-duration bond with high convexity
Hasil
Larger price gains in falling yields than losses in rising yields
Convexity positive for bullet bonds
Kesalahan Umum yang Harus Dihindari
- ✕Using duration alone for large yield changes
- ✕Neglecting option-adjusted analysis for callable bonds
Pertanyaan yang sering diajukan
Can convexity be negative?
Yes, for callable bonds when rates fall and issuer likely calls.
Siap menghitung? Coba Kalkulator Bond Convexity gratis
Cobalah sendiri →