PVBP
Also found in: Acronyms.
PVBP
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Price Value of a Basis Point
The amount the price of a bond changes when the required yield changes by one basis point. Various factors influence the amount of the price value of a basis point, including the time until maturity and the coupon rate. However, in general, there is an inverse relationship between the price and the required yield.
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