Bonds from scratch
Coupon, accrued interest, duration, put options and yield to maturity — everything needed to compare two issues and not sleep through a put date.
7 steps · about 80 min · free
- 1Bonds from scratch: where the return comes fromWhat the return is made of.Article · 5 min
- 2Accrued interestWhy more is debited than the price you saw.Glossary term
- 3Yield to maturityThe only correct way to compare issues.Glossary term
- 4Duration: why long bonds fall harderWhy long bonds fall harder.Article
- 5Put date (offer)The most expensive kind of inattention.Glossary term
- 6OFZ and Corporate Bonds: What the Premium Pays You ForWhat the premium actually pays you for.Article · 6 min
- 7How to Choose a Bond: A Step-by-Step GuideThe order in which to ask the questions.Article · 6 min