BondProcessor.java
package org.drip.service.json;
/*
* -*- mode: java; tab-width: 4; indent-tabs-mode: nil; c-basic-offset: 4 -*-
*/
/*!
* Copyright (C) 2020 Lakshmi Krishnamurthy
* Copyright (C) 2019 Lakshmi Krishnamurthy
* Copyright (C) 2018 Lakshmi Krishnamurthy
* Copyright (C) 2017 Lakshmi Krishnamurthy
*
* This file is part of DROP, an open-source library targeting analytics/risk, transaction cost analytics,
* asset liability management analytics, capital, exposure, and margin analytics, valuation adjustment
* analytics, and portfolio construction analytics within and across fixed income, credit, commodity,
* equity, FX, and structured products. It also includes auxiliary libraries for algorithm support,
* numerical analysis, numerical optimization, spline builder, model validation, statistical learning,
* and computational support.
*
* https://lakshmidrip.github.io/DROP/
*
* DROP is composed of three modules:
*
* - DROP Product Core - https://lakshmidrip.github.io/DROP-Product-Core/
* - DROP Portfolio Core - https://lakshmidrip.github.io/DROP-Portfolio-Core/
* - DROP Computational Core - https://lakshmidrip.github.io/DROP-Computational-Core/
*
* DROP Product Core implements libraries for the following:
* - Fixed Income Analytics
* - Loan Analytics
* - Transaction Cost Analytics
*
* DROP Portfolio Core implements libraries for the following:
* - Asset Allocation Analytics
* - Asset Liability Management Analytics
* - Capital Estimation Analytics
* - Exposure Analytics
* - Margin Analytics
* - XVA Analytics
*
* DROP Computational Core implements libraries for the following:
* - Algorithm Support
* - Computation Support
* - Function Analysis
* - Model Validation
* - Numerical Analysis
* - Numerical Optimizer
* - Spline Builder
* - Statistical Learning
*
* Documentation for DROP is Spread Over:
*
* - Main => https://lakshmidrip.github.io/DROP/
* - Wiki => https://github.com/lakshmiDRIP/DROP/wiki
* - GitHub => https://github.com/lakshmiDRIP/DROP
* - Repo Layout Taxonomy => https://github.com/lakshmiDRIP/DROP/blob/master/Taxonomy.md
* - Javadoc => https://lakshmidrip.github.io/DROP/Javadoc/index.html
* - Technical Specifications => https://github.com/lakshmiDRIP/DROP/tree/master/Docs/Internal
* - Release Versions => https://lakshmidrip.github.io/DROP/version.html
* - Community Credits => https://lakshmidrip.github.io/DROP/credits.html
* - Issues Catalog => https://github.com/lakshmiDRIP/DROP/issues
* - JUnit => https://lakshmidrip.github.io/DROP/junit/index.html
* - Jacoco => https://lakshmidrip.github.io/DROP/jacoco/index.html
*
* Licensed under the Apache License, Version 2.0 (the "License");
* you may not use this file except in compliance with the License.
*
* You may obtain a copy of the License at
* http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing, software
* distributed under the License is distributed on an "AS IS" BASIS,
* WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
*
* See the License for the specific language governing permissions and
* limitations under the License.
*/
/**
* <i>BondProcessor</i> Sets Up and Executes a JSON Based In/Out Bond Valuation Processor.
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/ComputationalCore.md">Computational Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/ComputationSupportLibrary.md">Computation Support</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/service/README.md">Environment, Product/Definition Containers, and Scenario/State Manipulation APIs</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/service/json/README.md">JSON Based Valuation Request Service</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class BondProcessor {
/**
* JSON Based in/out Bond Secular Metrics Thunker
*
* @param jsonParameter JSON Bond Request Parameters
*
* @return JSON Bond Secular Metrics Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject SecularMetrics (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.state.discount.MergedDiscountForwardCurve dcFunding =
org.drip.service.json.LatentStateProcessor.FundingCurve (jsonParameter);
if (null == dcFunding) return null;
org.drip.param.market.CurveSurfaceQuoteContainer csqc = new
org.drip.param.market.CurveSurfaceQuoteContainer();
if (!csqc.setFundingState (dcFunding)) return null;
double dblCleanPrice = java.lang.Double.NaN;
org.drip.product.credit.BondComponent bond = null;
try {
if (null == (bond = org.drip.product.creator.BondBuilder.CreateSimpleFixed
(org.drip.json.parser.Converter.StringEntry (jsonParameter, "BondName"),
dcFunding.currency(), "", org.drip.json.parser.Converter.DoubleEntry (jsonParameter,
"BondCoupon"), org.drip.json.parser.Converter.IntegerEntry (jsonParameter,
"BondFrequency"), org.drip.json.parser.Converter.StringEntry (jsonParameter,
"BondDayCount"), org.drip.json.parser.Converter.DateEntry (jsonParameter,
"BondEffectiveDate"), org.drip.json.parser.Converter.DateEntry
(jsonParameter, "BondMaturityDate"), null, null)))
return null;
dblCleanPrice = org.drip.json.parser.Converter.DoubleEntry (jsonParameter, "BondCleanPrice");
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
org.drip.param.valuation.ValuationParams valParams = org.drip.param.valuation.ValuationParams.Spot
(dcFunding.epoch().julian());
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
jsonResponse.put ("BondName", bond.name());
jsonResponse.put ("BondEffectiveDate", bond.effectiveDate().toString());
jsonResponse.put ("BondMaturityDate", bond.maturityDate().toString());
jsonResponse.put ("BondFirstCouponDate", bond.firstCouponDate().toString());
jsonResponse.put ("BondCleanPrice", dblCleanPrice);
try {
double dblYield01 = bond.yield01FromPrice (valParams, csqc, null, dblCleanPrice);
double accrued = bond.accrued (valParams.valueDate(), csqc);
jsonResponse.put ("BondAccrued", accrued);
jsonResponse.put ("BondDirtyPrice", dblCleanPrice + accrued);
jsonResponse.put ("BondYield", bond.yieldFromPrice (valParams, csqc, null, dblCleanPrice));
jsonResponse.put ("BondMacaulayDuration", bond.macaulayDurationFromPrice (valParams, csqc, null,
dblCleanPrice));
jsonResponse.put ("BondModifiedDuration", 10000. * bond.modifiedDurationFromPrice (valParams,
csqc, null, dblCleanPrice));
jsonResponse.put ("BondYield01", 10000. * dblYield01);
jsonResponse.put ("BondDV01", 10000. * dblYield01);
jsonResponse.put ("BondConvexity", 1000000. * bond.convexityFromPrice (valParams, csqc, null,
dblCleanPrice));
jsonResponse.put ("BondBasis", 10000. * bond.bondBasisFromPrice (valParams, csqc, null,
dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
return jsonResponse;
}
/**
* JSON Based in/out Bond Curve Metrics Thunker
*
* @param jsonParameter JSON Bond Request Parameters
*
* @return JSON Bond Curve Metrics Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject CurveMetrics (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.state.discount.MergedDiscountForwardCurve dcFunding =
org.drip.service.json.LatentStateProcessor.FundingCurve (jsonParameter);
if (null == dcFunding) return null;
org.drip.param.market.CurveSurfaceQuoteContainer csqc = new
org.drip.param.market.CurveSurfaceQuoteContainer();
if (!csqc.setFundingState (dcFunding) || !csqc.setGovvieState
(org.drip.service.json.LatentStateProcessor.TreasuryCurve (jsonParameter)))
return null;
double dblCleanPrice = java.lang.Double.NaN;
org.drip.product.credit.BondComponent bond = null;
org.drip.analytics.date.JulianDate dtMaturity = org.drip.json.parser.Converter.DateEntry
(jsonParameter, "BondMaturityDate");
try {
if (null == (bond = org.drip.product.creator.BondBuilder.CreateSimpleFixed
(org.drip.json.parser.Converter.StringEntry (jsonParameter, "BondName"),
dcFunding.currency(), "", org.drip.json.parser.Converter.DoubleEntry (jsonParameter,
"BondCoupon"), org.drip.json.parser.Converter.IntegerEntry (jsonParameter,
"BondFrequency"), org.drip.json.parser.Converter.StringEntry (jsonParameter,
"BondDayCount"), org.drip.json.parser.Converter.DateEntry (jsonParameter,
"BondEffectiveDate"), dtMaturity, null, null)))
return null;
dblCleanPrice = org.drip.json.parser.Converter.DoubleEntry (jsonParameter, "BondCleanPrice");
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
int iSpotDate = dcFunding.epoch().julian();
org.drip.param.valuation.ValuationParams valParams = org.drip.param.valuation.ValuationParams.Spot
(iSpotDate);
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
jsonResponse.put ("BondName", bond.name());
jsonResponse.put ("BondEffectiveDate", bond.effectiveDate().toString());
jsonResponse.put ("BondMaturityDate", dtMaturity.toString());
jsonResponse.put ("BondFirstCouponDate", bond.firstCouponDate().toString());
jsonResponse.put ("BondCleanPrice", dblCleanPrice);
try {
jsonResponse.put ("BondASW", bond.aswFromPrice (valParams, csqc, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
try {
jsonResponse.put ("BondGSpread", bond.gSpreadFromPrice (valParams, csqc, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
try {
jsonResponse.put ("BondISpread", bond.iSpreadFromPrice (valParams, csqc, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
try {
jsonResponse.put ("BondOAS", bond.oasFromPrice (valParams, csqc, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
try {
jsonResponse.put ("BondTreasurySpread", bond.tsySpreadFromPrice (valParams, csqc, null,
dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
jsonResponse.put ("BondTreasuryBenchmark", org.drip.analytics.support.Helper.BaseTsyBmk
(iSpotDate, dtMaturity.julian()));
try {
jsonResponse.put ("BondZSpread", bond.zSpreadFromPrice (valParams, csqc, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
}
return jsonResponse;
}
/**
* JSON Based in/out Bond Curve Cash Flow Thunker
*
* @param jsonParameter JSON Bond Cash Flow Parameters
*
* @return JSON Bond Cash Flow Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject CashFlows (
final org.drip.json.simple.JSONObject jsonParameter)
{
org.drip.state.discount.MergedDiscountForwardCurve dcFunding =
org.drip.service.json.LatentStateProcessor.FundingCurve (jsonParameter);
if (null == dcFunding) return null;
org.drip.param.market.CurveSurfaceQuoteContainer csqc = new
org.drip.param.market.CurveSurfaceQuoteContainer();
if (!csqc.setFundingState (dcFunding)) return null;
org.drip.state.credit.CreditCurve cc = org.drip.service.json.LatentStateProcessor.CreditCurve
(jsonParameter, dcFunding);
csqc.setCreditState (cc);
double dblValueNotional = 1.;
org.drip.product.credit.BondComponent bond = null;
org.drip.analytics.date.JulianDate dtMaturity = org.drip.json.parser.Converter.DateEntry
(jsonParameter, "BondMaturityDate");
try {
if (null == (bond = org.drip.product.creator.BondBuilder.CreateSimpleFixed
(org.drip.json.parser.Converter.StringEntry (jsonParameter, "BondName"),
dcFunding.currency(), "", org.drip.json.parser.Converter.DoubleEntry (jsonParameter,
"BondCoupon"), org.drip.json.parser.Converter.IntegerEntry (jsonParameter,
"BondFrequency"), org.drip.json.parser.Converter.StringEntry (jsonParameter,
"BondDayCount"), org.drip.json.parser.Converter.DateEntry (jsonParameter,
"BondEffectiveDate"), dtMaturity, null, null)))
return null;
dblValueNotional = org.drip.json.parser.Converter.DoubleEntry (jsonParameter,
"BondValueNotional");
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
jsonResponse.put ("BondName", bond.name());
java.util.List<org.drip.analytics.cashflow.CompositePeriod> lsCP = bond.couponPeriods();
if (null == lsCP || 0 == lsCP.size()) return null;
org.drip.json.simple.JSONArray jsonCashFlowArray = new org.drip.json.simple.JSONArray();
for (org.drip.analytics.cashflow.CompositePeriod cp : lsCP) {
if (null == cp) return null;
org.drip.json.simple.JSONObject jsonCashFlow = new org.drip.json.simple.JSONObject();
jsonCashFlow.put ("StartDate", new org.drip.analytics.date.JulianDate
(cp.startDate()).toString());
jsonCashFlow.put ("EndDate", new org.drip.analytics.date.JulianDate (cp.endDate()).toString());
jsonCashFlow.put ("PayDate", new org.drip.analytics.date.JulianDate (cp.payDate()).toString());
try {
double dblCouponRate = cp.periods().get (0).baseRate (csqc);
jsonCashFlow.put ("FixingDate", new org.drip.analytics.date.JulianDate
(cp.fxFixingDate()).toString());
jsonCashFlow.put ("CouponDCF", cp.couponDCF());
jsonCashFlow.put ("CouponRate", dblCouponRate);
if (null != cc) jsonCashFlow.put ("SurvivalFactor", cc.survival (cp.payDate()));
jsonCashFlow.put ("PayDiscountFactor", cp.df (csqc));
jsonCashFlow.put ("CouponAmount", dblCouponRate * dblValueNotional);
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonCashFlow.put ("BaseNotional", cp.baseNotional() * dblValueNotional);
jsonCashFlowArray.add (jsonCashFlow);
}
jsonResponse.put ("CashFlow", jsonCashFlowArray);
return jsonResponse;
}
}