# QuantLib_LocalBootstrap man page

LocalBootstrap< Curve > — Localised-term-structure bootstrapper for most curve types.

## Synopsis

`#include <ql/termstructures/localbootstrap.hpp>`

### Public Member Functions

**LocalBootstrap** (**Size** localisation=2, bool forcePositive=true)

void **setup** (**Curve** *ts)

void **calculate** () const

## Detailed Description

### template<class Curve>

class QuantLib::LocalBootstrap< Curve >" Localised-term-structure bootstrapper for most curve types.

This algorithm enables a localised fitting for non-local interpolation methods.

As in the similar class (**IterativeBootstrap**) the input term structure is solved on a number of market instruments which are passed as a vector of handles to **BootstrapHelper** instances. Their maturities mark the boundaries of the interpolated segments.

Unlike the **IterativeBootstrap** class, the solution for each interpolated segment is derived using a local approximation. This restricts the risk profile s.t. the risk is localised. Therefore, we obtain a local IR risk profile whilst using a smoother interpolation method. Particularly good for the convex-monotone spline method.

## Author

Generated automatically by Doxygen for QuantLib from the source code.

## Referenced By

The man page LocalBootstrap(3) is an alias of QuantLib_LocalBootstrap(3).