DURATION & RISK
DV01
Estimates the price change for a one-basis-point yield move.
Formula
DV01 ≈ Modified duration × Price × 0.0001
Variables: Modified duration; price
What it means
Estimates the price change for a one-basis-point yield move.
Example
Price 100 and modified duration 7 imply DV01 of roughly 0.07 per 100 face-value price units.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Formulas
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.