# QuantLib_FittedBondDiscountCurve man page

FittedBondDiscountCurve — **Discount** curve fitted to a set of fixed-coupon bonds.

## Synopsis

`#include <ql/termstructures/yield/fittedbonddiscountcurve.hpp>`

Inherits **YieldTermStructure**, and **LazyObject**.

### Classes

class **FittingMethod**

Base fitting method used to construct a fitted bond discount curve.

### Public Member Functions

**Constructors**

**FittedBondDiscountCurve** (**Natural settlementDays**, const **Calendar** &**calendar**, const std::vector< boost::shared_ptr< **BondHelper** > > &bonds, const **DayCounter** &**dayCounter**, const **FittingMethod** &fittingMethod, **Real** accuracy=1.0e-10, Size maxEvaluations=10000, const Array &guess=Array(), Real simplexLambda=1.0, Size maxStationaryStateIterations=100)

reference date based on current evaluation date **FittedBondDiscountCurve** (const **Date** &**referenceDate**, const std::vector< boost::shared_ptr< **BondHelper** > > &bonds, const **DayCounter** &**dayCounter**, const **FittingMethod** &fittingMethod, **Real** accuracy=1.0e-10, Size maxEvaluations=10000, const Array &guess=Array(), Real simplexLambda=1.0, Size maxStationaryStateIterations=100)

curve reference date fixed for life of curve

**Inspectors**

**Size numberOfBonds** () const

total number of bonds used to fit the yield curve **Date maxDate** () const

the latest date for which the curve can return values

const **FittingMethod** & **fitResults** () const

class holding the results of the fit

**Observer interface**

void **update** ()

### Friends

class **FittingMethod**

### Additional Inherited Members

## Detailed Description

**Discount** curve fitted to a set of fixed-coupon bonds.

This class fits a discount function $ d(t) $ over a set of bonds, using a user defined fitting method. The discount function is fit in such a way so that all cashflows of all input bonds, when discounted using $ d(t) $, will reproduce the set of input bond prices in an optimized sense. Minimized price errors are weighted by the inverse of their respective bond duration.

The **FittedBondDiscountCurve** class acts as a generic wrapper, while its inner class **FittingMethod** provides the implementation details. Developers thus need only derive new fitting methods from the latter.

**Example: compares various bond discount curve fitting methodologies**

**Warning**The method can be slow if there are many bonds to fit. Speed also depends on the particular choice of fitting method chosen and its convergence properties under optimization. See also todo list for BondDiscountCurveFittingMethod.

**Examples: FittedBondCurve.cpp**.

## Member Function Documentation

### void update () [virtual]

This method must be implemented in derived classes. An instance of Observer does not call this method directly: instead, it will be called by the observables the instance registered with when they need to notify any changes.

Reimplemented from **LazyObject**.

## Author

Generated automatically by Doxygen for QuantLib from the source code.

## Referenced By

The man pages fitResults(3), FittedBondDiscountCurve(3), FittingMethod(3) and numberOfBonds(3) are aliases of QuantLib_FittedBondDiscountCurve(3).