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Bond pricing method and system

A bond and pricing technology, applied in the financial field, can solve the problems of unreasonable bid winning price, high correlation, time-consuming, etc., and achieve the effect of avoiding investment loss, effectively obtaining income, and avoiding complexity and high deviation rate.

Inactive Publication Date: 2020-02-11
JD DIGITS HAIYI INFORMATION TECHNOLOGY CO LTD +1
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

This process is mainly through manual processing, which is time-consuming, and the results are highly correlated with personal experience and other subjective reasons
For investors, an unreasonable bidding price may cause huge losses

Method used

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  • Bond pricing method and system
  • Bond pricing method and system
  • Bond pricing method and system

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Embodiment Construction

[0068] In order to further illustrate the features of the present invention, please refer to the following detailed description and accompanying drawings of the present invention. The accompanying drawings are for reference and description only, and are not intended to limit the protection scope of the present invention.

[0069] Such as Figure 1 to Figure 2 As shown, this embodiment discloses a bond pricing method, including the following steps S1 to S4:

[0070] S1. Obtain the first type of bonds on the day when the new bond is issued and form a set M1. The first type of bonds are old bonds with the same issuance information as the new bond;

[0071] Among them, the issuance information includes the bond type, issuance method, issuer and urban investment attributes.

[0072] S2. Determine whether there is a second type of bond in the set M1, the bond issuance date of the second type of bond is within C days from the new bond issuance date, if so, execute step S3, otherwis...

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PUM

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Abstract

The invention discloses a bond pricing method and system, and belongs to the technical field of finance. The method comprises the following steps: obtaining a first type of bonds on the day of a new bond issuing day, forming a set M1, and enabling the first type of bonds to be old bonds with the same issuing information as the new bond; judging whether a second type of bonds exist in the set M1 ornot, wherein the distance between the bond issuing day of the second type of bonds and the new bond issuing day is within C days; if so, forming a set M2 by using the second type of bonds, and takingthe mean value of the face-to-face utilization rates of the bonds in the set M2 as the price of the new bond; and if not, pricing the new bond by using the bond which is the same as the new bond issuer in the set M1. According to the invention, manual pricing is effectively replaced or assisted, and a more reasonable new bond issuing price is determined, so that investors are helped to obtain earnings more effectively and investment loss is avoided.

Description

technical field [0001] The invention relates to the field of financial technology, in particular to a bond pricing method and system. Background technique [0002] In the field of fixed income, bonds are a very important financial instrument for financing and investment, and the pricing of bond issuance is an important issue in bond financing. An effective pricing algorithm is helpful for companies to determine when to issue bonds based on market interest rates when issuing bonds, and it is also helpful for investors to determine when to invest in the primary market when investing. [0003] At present, there are two main ways of pricing new bonds: one is that the underwriter assists the bond issuer to determine the coupon rate of the bond issue according to market conditions; Investors communicate to obtain investors' price intentions, and determine the final issue price after summarizing. [0004] These two methods require all parties to fully collect and analyze informat...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/06G06Q30/02
CPCG06Q30/0206G06Q40/06
Inventor 黄树林张利平常玉
Owner JD DIGITS HAIYI INFORMATION TECHNOLOGY CO LTD