Key rate sensitivity

Japanese

年限別の感応度

Last reviewed

September 26, 2026

This is a draft, shown for review before publication.

A key rate sensitivity is the change in the market value of a position when the interest rate for a single maturity rises by 1bp (0.01%). Adding the values for all maturities gives approximately the DV01, and they are used to capture the profit or loss when the shape of the curve changes.