Deriscope ## The Excel Derivatives Periscope

##### Coverage

Fixed_Rate_Bond

*Fixed Rate Bond* is a child type of Bond that represents a specialization where each coupon is determined by a predefined constant interest rate.

Each fixed payment equals *NrΔt*, where *r* is the applicable rate determined by the predefined constant rates, *N* is the applicable notional and *Δt* is the length of the respective accrual period.

All cash flows are denominated in the same currency.