# QuantLib_YieldTermStructure man page

YieldTermStructure — Interest-rate term structure.

## Synopsis

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

Inherits **TermStructure**.

Inherited by FdmAffineModelTermStructure, **FittedBondDiscountCurve**, **FlatForward**, **ForwardRateStructure**, **ImpliedTermStructure**, **InterpolatedDiscountCurve< Interpolator >**, and **ZeroYieldStructure**.

### Public Member Functions

**Constructors**

See the **TermStructure** documentation for issues regarding constructors.

**YieldTermStructure** (const **DayCounter** &dc=**DayCounter**(), const std::vector< **Handle**< **Quote** > > &jumps=std::vector< **Handle**< **Quote** > >(), const std::vector< **Date** > &jumpDates=std::vector< **Date** >())**YieldTermStructure** (const **Date** &**referenceDate**, const **Calendar** &cal=**Calendar**(), const **DayCounter** &dc=**DayCounter**(), const std::vector< **Handle**< **Quote** > > &jumps=std::vector< **Handle**< **Quote** > >(), const std::vector< **Date** > &jumpDates=std::vector< **Date** >())**YieldTermStructure** (**Natural settlementDays**, const **Calendar** &cal, const **DayCounter** &dc=**DayCounter**(), const std::vector< **Handle**< **Quote** > > &jumps=std::vector< **Handle**< **Quote** > >(), const std::vector< **Date** > &jumpDates=std::vector< **Date** >())

**Discount factors**

These methods return the discount factor from a given date or time to the reference date. In the latter case, the time is calculated as a fraction of year from the reference date.

**DiscountFactor discount** (const **Date** &d, bool extrapolate=false) const**DiscountFactor discount** (**Time** t, bool extrapolate=false) const

**Zero-yield rates**

These methods return the implied zero-yield rate for a given date or time. In the former case, the time is calculated as a fraction of year from the reference date.

**InterestRate zeroRate** (const **Date** &d, const **DayCounter** &resultDayCounter, **Compounding** comp, **Frequency** freq=**Annual**, bool extrapolate=false) const**InterestRate zeroRate** (**Time** t, **Compounding** comp, **Frequency** freq=**Annual**, bool extrapolate=false) const

**Forward rates**

These methods returns the forward interest rate between two dates or times. In the former case, times are calculated as fractions of year from the reference date.

If both dates (times) are equal the instantaneous forward rate is returned.

**InterestRate forwardRate** (const **Date** &d1, const **Date** &d2, const **DayCounter** &resultDayCounter, **Compounding** comp, **Frequency** freq=**Annual**, bool extrapolate=false) const**InterestRate forwardRate** (const **Date** &d, const **Period** &p, const **DayCounter** &resultDayCounter, **Compounding** comp, **Frequency** freq=**Annual**, bool extrapolate=false) const**InterestRate forwardRate** (**Time** t1, **Time** t2, **Compounding** comp, **Frequency** freq=**Annual**, bool extrapolate=false) const

**Jump inspectors**

const std::vector< **Date** > & **jumpDates** () const

const std::vector< **Time** > & **jumpTimes** () const

**Observer interface**

void **update** ()

### Protected Member Functions

**Calculations**

This method must be implemented in derived classes to perform the actual calculations. When it is called, range check has already been performed; therefore, it must assume that extrapolation is required.

virtual **DiscountFactor discountImpl** (**Time**) const =0

discount factor calculation

### Additional Inherited Members

## Detailed Description

Interest-rate term structure.

This abstract class defines the interface of concrete interest rate structures which will be derived from this one.

**Tests**observability against evaluation date changes is checked.

**Examples:** **FittedBondCurve.cpp**.

## Member Function Documentation

### DiscountFactor discount (Time t, bool extrapolate = false) const

The same day-counting rule used by the term structure should be used for calculating the passed time t.

### InterestRate zeroRate (const Date & d, const DayCounter & resultDayCounter, Compounding comp, Frequency freq = Annual, bool extrapolate = false) const

The resulting interest rate has the required daycounting rule.

### InterestRate zeroRate (Time t, Compounding comp, Frequency freq = Annual, bool extrapolate = false) const

The resulting interest rate has the same day-counting rule used by the term structure. The same rule should be used for calculating the passed time t.

### InterestRate forwardRate (const Date & d1, const Date & d2, const DayCounter & resultDayCounter, Compounding comp, Frequency freq = Annual, bool extrapolate = false) const

The resulting interest rate has the required day-counting rule.

### InterestRate forwardRate (const Date & d, const Period & p, const DayCounter & resultDayCounter, Compounding comp, Frequency freq = Annual, bool extrapolate = false) const

The resulting interest rate has the required day-counting rule.

**Warning**dates are not adjusted for holidays

### InterestRate forwardRate (Time t1, Time t2, Compounding comp, Frequency freq = Annual, bool extrapolate = false) const

The resulting interest rate has the same day-counting rule used by the term structure. The same rule should be used for calculating the passed times t1 and t2.

### 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 **TermStructure**.

## Author

Generated automatically by Doxygen for QuantLib from the source code.

## Referenced By

The man pages YieldTermStructure(3) and zeroRate(3) are aliases of QuantLib_YieldTermStructure(3).