Dirty Price RY


Function Dirty Price RY within
Inflation Bondreturns the dirty price(s) P (also referred to as nominal dirty price) of the referenced inflation bond(s) at a given reference date T for a given real yield yʳ
The returned dirty price P is defined in the same way as in the function
Dirty Price and represents the present value of all future cash flows when the bond's notional at issuance equals 100.
The real yield yʳ represents the regular (i.e. nominal) yield of the corresponding inflation-unadjusted bond defined in
Underl Bond if its dirty 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).