## PnL due to Curves

Subtype of Job RequestThis is the part of the

**described in PnL due exclusively to the impact of the actual curves observed at the given horizon date**

*PnL***being different than what had been expected at the given spot date (denoted as**

*T***).**

*0*It is also part of the PnL Explain table PnLExplain Table that is produced in association with the key PnL Explain when a tradable is priced with the Advanced Pricing model input.

Specifically, it equals the hypothetical PnL that would have been produced under the assumption that all floating rate fixings before

**equaled the forward rates implied by today's curves, while the fixings after**

*T***equaled the forward rates implied by the curves in the supplied horizon market.**

*T*It is calculated as the difference:

(PnL) - (PnL due to Resets)

where the two terms are described at PnL and PnL due to Resets

Plugging

**for the first term and**

*H + I - S/P***for the second, we get:**

*I - C + Fᵣ - F*H - S/P + C - Fᵣ + F

The remaining part of

**is given by PnL due to Resets**

*PnL*