Chief Admin Officer
Financial Risk Manager (FRM, Topic 4: Valuation and Risk Models, Fixed Income, Bruce Tuckman Chapter 4, One-factor Risk Metrics and Hedges). The DV01 stands for "dollar value of an .01% (one basis point)." It is also called the Price Value of a Basis Point (PVBP). It is the bond's or fixed income portfolio's dollar change given a one basis point decline in the yield.