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   Value of a Basis Point (PV 01 or PVBP)
   















 

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Value of a Basis Point (PV 01 or PVBP)

A measure of a bond's price/yield relationship that specifies the dollar value of a basis point change in yield. Also called value of an '01' and abbreviated PV 01 or DV 01. Also called Dollar Value of a Basis Point (DV 01), Price Value of a Basis Point (PV 01 or PVBP).

Glossary * V