Intermediate
Practice Drills: Calculating Yield to Maturity and Duration on Sample Bonds
A drill-first course for experienced retail investors, active traders, and HNIs who already know the theory of bond pricing and now want to compute yield to maturity and duration quickly and correctly. Every drill uses sample bonds modelled on real Indian instruments: G-Secs and T-Bills from RBI Retail Direct, SDLs, and listed corporate bonds on NSE and BSE. You work each problem by hand first, then check it in Excel or Google Sheets, then apply it to a real decision such as choosing between two bonds before an RBI policy meeting or stress-testing a portfolio against a rate shock.
Bond PricingAccrued InterestCurrent YieldYield to MaturityYield to Call and Yield to WorstMacaulay DurationModified DurationPV01Portfolio DurationConvexity Adjustment
MODULES
4
DURATION
4 Hours
TRACK
Stock Market Basics
What You'll Master
Price a fixed-coupon bond from its cash flows and split the dirty price into clean price and accrued interest
Solve for YTM by trial and error, by the approximation formula, and with the YIELD and RATE functions in a spreadsheet
Compute yield to call and yield to worst on callable corporate bonds and pick the right one to quote
Build a Macaulay duration table from scratch and convert it to modified duration and PV01
Weight individual bond durations into a portfolio duration and estimate the rupee impact of a rate move
Stress-test a bond holding against a 100 bps shock, with and without the convexity adjustment
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates