Bond Trading Desk
Bond traders calculate real-time prices to identify arbitrage opportunities when yields shift relative to coupon rates.
Corporate Bond Management
Corporate treasurers analyze fair value of issued bonds to evaluate refinancing or redemption opportunities as yields change.
Retail Bond Investor
Individual investors determine if bonds in the secondary market offer fair value relative to their required return targets.
Credit Analysis
Credit analysts price bonds to evaluate fair values and support credit ratings decisions on corporate debt instruments.