{
  "tool_id": "art-331-tvm-convexity",
  "kernel_id": "art-331-tvm-convexity",
  "display_name": "Bond Convexity",
  "tool_version": "1.0.0",
  "mandate_type": "analytics_mandate",
  "purpose": "Standard closed-form convexity for a bullet bond, annualized by compounding frequency squared. Second-order complement to modified duration for estimating bond price sensitivity to larger yield moves; optionally reports the convexity price-adjustment term for a declared yield shock. Same bond schedule builder as compute_bond_duration.",
  "control_description": "Standard closed-form convexity for a bullet bond, annualized by compounding frequency squared. Second-order complement to modified duration for estimating bond price sensitivity to larger yield moves; optionally reports the convexity price-adjustment term for a declared yield shock. Same bond schedule builder as compute_bond_duration.",
  "declared_inputs": [
    "art-329-tvm-bond-duration"
  ],
  "declared_outputs": [],
  "kernel_digest": "sha256:56d259be1b9261ab5eb2f2370e7965b48ec47f329ad585c5e980a327525262c5",
  "trust_label": "independently verified -- zkVM execution proof (risc0/groth16-bn254)",
  "data_vintage": "2026-07-16",
  "last_validated": "2026-07-16",
  "conformance_fixtures_vendored": true,
  "compute_proof_ready": "ready",
  "wave": 57,
  "source_url": "https://ainumbers.co/chaingraph/art-331-tvm-convexity.html",
  "generated_at": "2026-07-25T20:02:55.601Z"
}