RETURNS
Holding Period Return
Measures total return over the actual holding period.
Formula
HPR = (Income + P1 - P0)/P0
Variables: Income; initial price P0; ending price P1
What it means
Measures total return over the actual holding period.
Example
Buying at 98, receiving 2 income and selling at 101 gives HPR of about 5.10%.
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.