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yrnd: Computes Risk Neutral Densities of Futures Prices and Yields on Fixed Income Products

Provides with parametric risk neutral densities and cumulative densities for futures prices on fixed-income products. It relies on options on Short Term Interest Rate futures contracts prices or options on bond futures contracts prices. It models the price of the underlying asset as a mixture of either two or three lognormal densities. It also brings new functions which provide with risk neutral densities and cumulative densities of the rate or the yield underlying the futures contract, using the density of the futures price. The package is based on the works of Melick, W. R. and Thomas, C. P. (1997) <doi:10.2307/2331318> and B. Bahra (1998) <doi:10.2139/ssrn.77429>.

Version: 0.1.0
Imports: dplyr, ggplot2, lubridate, scales, stats, tvm, utils, zoo
Suggests: knitr, rmarkdown
Published: 2026-02-18
DOI: 10.32614/CRAN.package.yrnd
Author: William Arrata [aut, cre]
Maintainer: William Arrata <william.arrata at gmail.com>
License: GPL-3
NeedsCompilation: no
CRAN checks: yrnd results

Documentation:

Reference manual: yrnd.html , yrnd.pdf
Vignettes: yrnd_functions (source, R code)

Downloads:

Package source: yrnd_0.1.0.tar.gz
Windows binaries: r-devel: yrnd_0.1.0.zip, r-release: yrnd_0.1.0.zip, r-oldrel: yrnd_0.1.0.zip
macOS binaries: r-release (arm64): yrnd_0.1.0.tgz, r-oldrel (arm64): yrnd_0.1.0.tgz, r-release (x86_64): not available, r-oldrel (x86_64): not available

Linking:

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These binaries (installable software) and packages are in development.
They may not be fully stable and should be used with caution. We make no claims about them.