The original PV01.net (now called PV01 Classic) began as a highly sophisticated bond calculator for financial engineering students & professionals. PV01 Classic is used to model complex securities and as a benchmark for testing user's own calculations. PV01 Classic has a worldwide user base representing more than 50 different countries...
Most students of bond fundamentals think in terms of bond price determining bond yield. Yet, the market and the mathematical pricing process is actually the reverse. PV01.net helps students gain a better understanding of the relationship by running the process in either direction.