SDX Interest Rates Help > What SDX Interest Rates Calculates

What SDX Interest Rates Calculates

This section describes the values calculated by SDX Interest Rates.

For each instrument, SDX Interest Rates calculates various values as relevant. Which values are calculated depends both on the instrument type and on which page or tool is currently open as follows:

In the Single Option page, results are calculated for an individual instrument.

In the Portfolio page, results are calculated:

For each of the multiple instruments individually.

For the portfolio as a whole for each relevant result, i.e., for results that can be added together (such as Market Price and DV01).

Risk Matrix tool.

Credit Check window.

While some results are common to all instrument types, others are only displayed for some of them, and some results are only displayed in certain of the windows. This section lists all results produced within the pricing pages and, where relevant, the Risk Matrix tool and the Credit Check window.

The calculated values are as follows:

Swap NPV

Market Price

FWD Premium

PV

Accrued or Accrued Interest

Price

Clean Price

Dirty Price

Net PV

DV01

Pure DV01

Theta

Fixed Rate

Market Rate

Sales Rate

BGM Rate

Real Rate

Floating Spread or Pay Spread

Delta

Vega

Normal Vega

Vega Buckets

DV01/Gamma Buckets

Gamma

Discount DV01

Zero Rate

Market Vol

Market Normal Vol

MKT NVol

Theoretical Value (%)

Black Model Price

BGM Model Price

Vanilla Swap NPV

Total Price

Correlation Exposure

Correlation Buckets

Bond Price (%)

DV01 Inflation

Amortize Premium p.a. (%)

PV change for spot up 1%

PV Loan

Dvega/Drates

Dvega/Dvol

Yield to Maturity

Modified Duration or Duration

Convexity

Normal Volatility

Market Value

CVA

CVA-adjusted Market Value

Exposure

Default Probability

Recovery Rate

Credit Spread