Changelog — Fixed Income Pricing

Version 1.0

Published: 2026-09-02

• Initial structural baseline publication.
• Definition of fixed income pricing established as the valuation relation through which future cash flows of a debt-like instrument are converted into a present price using a maturity-dependent discount structure together with adjustments for instrument and market conditions.
• Scope boundaries formalized (included / excluded).
• Structural model introduced (instrument cash flow → discount structure → risk adjustment → market price).
• Structural components introduced (instrument cash flow, discount structure, risk adjustment, market price).
• Discounting, yield-curve, pricing-benchmark, risk-premium, liquidity, and market-pricing sources documented.
• Distinction between structural fixed-income valuation, investment analysis, trading execution, and implementation-specific pricing mechanisms documented.
• Source architecture standardized to Institution → Work → Year → Reference format.
• Mandatory legal, privacy, terms, and license pages implemented.
• 2026-09-27 — Removed the email property from Organization JSON-LD across the published site to align the implementation with the established portfolio governance baseline. Frontend contact information remains unchanged. No change to the domain’s semantic definition, scope, structural model, or existing JSON-LD architecture.

Status: Frozen Baseline

Change Policy

Changes are introduced only when:

• The definitional boundary materially evolves.
• A structural clarification alters conceptual framing.
• Primary institutional reference frameworks materially change.
• A compliance-relevant correction is required for accuracy.

Editorial refinements that do not affect structural meaning do not trigger version increments.

Versioning Logic

• Major increment — Definitional or structural shift.
• Minor increment — Material clarification without conceptual shift.
• No increment — Editorial refinement only.