MBRM - MB Risk Management
29 Throgmorton Street
London EC2N 2AT
United Kingdom

Email: sales@mbrm.com
Phone: +44 20-7628 2007
Fax: +44 20-7628 2008

The yield add-in is the finest global yield add-in available. Its lightening speed, range of instruments handled and extensive analytics gives the user a competitive edge. It handles international fixed income products, including MTNs, deferred, long or short first coupon bonds as well as bonds callable between coupon payment dates. In addition to the standard market convention yields, the calculator calculates exact TRUE yields (taking into account weekends and holidays), money market yields on all instruments (which can be compared directly with Libor), forward prices (e.g. for repos or bond options), hedge ratios and sensitivities (e.g. duration and convexity) consistent for instruments which have a different number of payments per annum (since using 'standard' unadjusted duration numbers could lead to unnecessary risk exposure due to inaccurate hedging), conversion factors to convert from yield volatility to price volatility (or vice-versa), and US Treasury Equivalent Yields on all instruments.

The yield add-in enables the setting up of international fixed income portfolios, with consistent yield, duration and convexity analysis, using your familiar spreadsheet, database or programming language. It also has a cash flow analyser for swaps, projects, loans and esoteric instruments. For quantitative analysts, it provides the ability to construct risk/return profiles on arbitrage trades as well as models of bond futures. For dealers, it enables the setting up of a very flexible trading system. Its uses are thus endless in the fixed income environment.

UNIVYLD handles virtually every bond market in the world (e.g. for Australian bonds, Canadian bonds, Eurodollar FRNs, Eurosterling FRNs, French government bonds, JGBs, South African Bonds, Spanish Bonds, Swedish money market instruments, UK gilts, US bills, US treasuries, US corporates, yankees etc). We also offer an optional module for this Add-in : MBRM Bond Futures "Cheapest To Deliver" (CTD) Analyser

Why not consider MBRM Comprehensive Combined Package : An inclusive package of our main software packages (This would be a massive saving on the individual selling price of these packages)

CLICK HERE to see our latest Price List.

Click the thumbnails below for screenshots of our sample spreadsheets:

Bond Portfolio International Spreadsheet
Double Daycount Mortgage-Backed Security Analyser