TreasuryBondProcessor.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
* Copyright (C) 2016 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>TreasuryBondProcessor</i> Sets Up and Executes a JSON Based In/Out Processing Service for Treasury
* Bonds.
*
* <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 TreasuryBondProcessor {
/**
* JSON Based in/out Treasury Bond Secular Metrics Thunker
*
* @param jsonParameter JSON Treasury Bond Request Parameters
*
* @return JSON Treasury Bond Secular Metrics Response
*/
@SuppressWarnings ("unchecked") static final org.drip.json.simple.JSONObject SecularMetrics (
final org.drip.json.simple.JSONObject jsonParameter)
{
java.lang.String strTreasuryCode = org.drip.json.parser.Converter.StringEntry (jsonParameter,
"TreasuryCode");
org.drip.analytics.date.JulianDate dtEffective = org.drip.json.parser.Converter.DateEntry
(jsonParameter, "EffectiveDate");
if (null == dtEffective) return null;
int iEffectiveDate = dtEffective.julian();
org.drip.analytics.date.JulianDate dtMaturity = org.drip.json.parser.Converter.DateEntry
(jsonParameter, "MaturityDate");
if (null == dtMaturity) return null;
org.drip.analytics.date.JulianDate dtSettle = org.drip.json.parser.Converter.DateEntry
(jsonParameter, "SettleDate");
if (null == dtSettle) return null;
int iSettleDate = dtSettle.julian();
double dblYield = java.lang.Double.NaN;
double dblCoupon = java.lang.Double.NaN;
double dblNotional = java.lang.Double.NaN;
double dblCleanPrice = java.lang.Double.NaN;
try {
dblCoupon = org.drip.json.parser.Converter.DoubleEntry (jsonParameter, "Coupon");
dblNotional = org.drip.json.parser.Converter.DoubleEntry (jsonParameter, "Notional");
dblCleanPrice = org.drip.json.parser.Converter.DoubleEntry (jsonParameter, "CleanPrice");
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
org.drip.market.issue.TreasurySetting ts =
org.drip.market.issue.TreasurySettingContainer.TreasurySetting (strTreasuryCode);
if (null == ts) return null;
int iFrequency = ts.frequency();
java.lang.String strDayCount = ts.dayCount();
org.drip.product.definition.Bond tsy = org.drip.product.creator.BondBuilder.Treasury (ts.code(),
dtEffective, dtMaturity, ts.currency(), dblCoupon, iFrequency, strDayCount);
if (null == tsy || tsy.maturityDate().julian() <= iSettleDate) return null;
java.lang.String strCurrency = tsy.payCurrency();
org.drip.param.valuation.ValuationParams valParams = org.drip.param.valuation.ValuationParams.Spot
(iSettleDate);
try {
dblYield = tsy.yield01FromPrice (valParams, null, null, dblCleanPrice);
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
org.drip.json.simple.JSONObject jsonResponse = new org.drip.json.simple.JSONObject();
org.drip.json.simple.JSONArray jsonCouponFlowArray = new org.drip.json.simple.JSONArray();
for (org.drip.analytics.cashflow.CompositePeriod cp : tsy.couponPeriods()) {
org.drip.json.simple.JSONObject jsonCouponFlow = new org.drip.json.simple.JSONObject();
org.drip.analytics.output.CompositePeriodCouponMetrics cpcm = cp.couponMetrics (iEffectiveDate,
null);
if (null == cpcm) return null;
double dblPeriodCouponRate = cpcm.rate();
jsonCouponFlow.put ("CouponRate", dblPeriodCouponRate);
try {
int iPeriodStartDate = cp.startDate();
int iPeriodEndDate = cp.endDate();
double dblYieldDF = org.drip.analytics.support.Helper.Yield2DF (iFrequency, dblYield,
org.drip.analytics.daycount.Convention.YearFraction (iEffectiveDate, iPeriodEndDate,
strDayCount, false, null, strCurrency));
jsonCouponFlow.put ("StartDate", new org.drip.analytics.date.JulianDate
(iPeriodStartDate).toString());
jsonCouponFlow.put ("EndDate", new org.drip.analytics.date.JulianDate
(iPeriodEndDate).toString());
jsonCouponFlow.put ("PayDate", new org.drip.analytics.date.JulianDate
(cp.payDate()).toString());
double dblCouponDCF = cp.couponDCF();
jsonCouponFlow.put ("AccrualDays", org.drip.analytics.daycount.Convention.DaysAccrued
(iPeriodStartDate, iPeriodEndDate, strDayCount, false, null, strCurrency));
jsonCouponFlow.put ("AccrualFraction", dblCouponDCF);
double dblCouponAmount = dblPeriodCouponRate * dblCouponDCF * dblNotional;
jsonCouponFlow.put ("CouponAmount", dblCouponAmount);
jsonCouponFlow.put ("YieldDF", dblYieldDF);
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
jsonCouponFlowArray.add (jsonCouponFlow);
}
jsonResponse.put ("CouponFlow", jsonCouponFlowArray);
jsonResponse.put ("CleanPrice", 100. * dblCleanPrice);
jsonResponse.put ("Face", dblNotional);
org.drip.analytics.date.JulianDate dtPreviousCouponDate = tsy.previousCouponDate (dtSettle);
if (null != dtPreviousCouponDate) {
jsonResponse.put ("AccrualDays", iSettleDate - dtPreviousCouponDate.julian());
jsonResponse.put ("PreviousCouponDate", dtPreviousCouponDate.toString());
}
try {
double dblAccruedAmount = tsy.accrued (iSettleDate, null) * dblNotional;
double dblCurrentPrincipal = tsy.notional (dtPreviousCouponDate.julian()) * dblNotional;
double dblRisk = tsy.yield01FromPrice (valParams, null, null, dblCleanPrice);
jsonResponse.put ("Accrued", dblAccruedAmount);
jsonResponse.put ("Convexity", tsy.convexityFromPrice (valParams, null, null, dblCleanPrice));
jsonResponse.put ("CurrentPrincipal", dblCurrentPrincipal);
jsonResponse.put ("DV01", dblRisk * dblNotional);
jsonResponse.put ("ModifiedDuration", tsy.modifiedDurationFromPrice (valParams, null, null,
dblCleanPrice));
jsonResponse.put ("Notional", dblNotional);
jsonResponse.put ("NPV", dblCurrentPrincipal + dblAccruedAmount);
jsonResponse.put ("Risk", dblRisk);
jsonResponse.put ("SettleDate", dtSettle.toString());
jsonResponse.put ("Total", dblCurrentPrincipal + dblAccruedAmount);
jsonResponse.put ("Yield", tsy.yieldFromPrice (valParams, null, null, dblCleanPrice));
} catch (java.lang.Exception e) {
e.printStackTrace();
return null;
}
return jsonResponse;
}
}