👉 The Bundle IOR, or Bond Interest Rate Offset Ratio, is a financial metric used to measure the impact of changes in interest rates on bond prices and yields. It represents how much the yield on a bond changes for a given change in the interest rate, adjusted for any offsets that might occur due to factors like coupon payments or prepayments. Essentially, it helps investors understand the sensitivity of a bond's price to interest rate fluctuations, providing a clearer picture of potential gains or losses in a changing market environment.
