Clean Price RY


Function Clean Price RY within
Inflation Bondreturns the clean price(s) P (also referred to as nominal clean price) of the referenced inflation bond(s) at a given reference date T for a given real yield yʳ
The returned clean price P is defined in the same way as in the function
Clean Price
The real yield yʳ represents the regular (i.e. nominal) yield of the corresponding inflation-unadjusted bond defined in
Underl Bond if its clean price equalled P/Q(T), where Q(T) is the inflation index quotient at time T as described in Inflation Adjusted Cash Flow

If the settlement date Tˢ is not explicitly given, it will be set to the bond's settlement date as implied by a trade transaction assumed to occur on the
trade dateT₀ (typically today).