Bond Dirty Price Calculator

Formula

To calculate the Bond Dirty Price:

\[ BDP = CP + AI \]

Where:

$BDP$ is the Bond Dirty Price ($)
$CP$ is the bond clean price ($)
$AI$ is the accrued interest ($)

Bond Dirty Price Definition

The Bond Dirty Price is the price of a bond including accrued interest. It represents the total amount a buyer pays to the seller of the bond, which includes the clean price of the bond plus any interest that has accumulated since the last coupon payment.

Example Calculation 1

Let's assume the following values:

Bond Clean Price = $1000
Accrued Interest = $50

Using the formula:

\[ BDP = 1000 + 50 = 1050 \]

The Bond Dirty Price is $1050.

Example Calculation 2

Let's assume the following values:

Bond Clean Price = $500
Accrued Interest = $20

Using the formula:

\[ BDP = 500 + 20 = 520 \]

The Bond Dirty Price is $520.