Discount Factor


Discount Factor is a direct subtype of Spot Price
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with functions Discount Factor Functions, keys Discount Factor keys and example object DF

TYPE INCLUSION RELATIONSHIPS

Spot Price

Discount Factor

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AVAILABLE FUNCTIONS

Create

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AVAILABLE CREATE FUNCTION KEYS

Currency

Issuer

Maturity

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TYPICAL OBJECTS OF TYPE Discount Factor

DF

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This type represents in Deriscope usage the commonly known "discount factor" of a particular Currency with respect to a given maturity.
Being of type Quotable it may be assigned a number, which is to be interpreted as the current worth - in same currency terms - of receiving one unit of the associated currency at maturity.