Concept of Duration

Beyond Duration: Accounting for Convexity in Bond Portfolios

Imagine you are an analyst at an asset management firm in Mumbai, reviewing a high-grade corporate bond portfolio ahead of an RBI monetary policy committee meeting. Your initial assessment using Modified Duration...

Quantifying Price Sensitivity: Beyond Maturity in Fixed Income Analysis

Imagine you are an analyst at a Mumbai-based asset management firm, tasked with evaluating the impact of a surprise Reserve Bank of India (RBI) repo rate hike on your fixed income portfolio. You hold two 10-year...