THE 5-SECOND TRICK FOR PNL

For sensible levels of spreads and curiosity charges, we will approximate the CS01 Together with the time and energy to maturity. This could let you compute a quick approximation of the PnL utilizing the facts you've got.For making The 2 methods comparable you'll want to visualize investing/borrowing $PnL_1$ at level $r$ in order that it stays whil