{
  "experimentId": "yield-shock-bill-value",
  "inputs": {
    "elapsed": 30,
    "face": 1000000,
    "maturity": 180,
    "shock": 1,
    "yield": 4
  },
  "modelVersion": "yieldguard-experiments-1.2.0",
  "receipt": {
    "id": "8492b1ac8ee33c9ce3c5ac71b145cacfb65ba31710189980236348e0004d6bd0",
    "request": {
      "operation": "run",
      "experimentId": "yield-shock-bill-value",
      "inputs": {
        "elapsed": 30,
        "face": 1000000,
        "maturity": 180,
        "shock": 1,
        "yield": 4
      },
      "seed": 42,
      "startDate": "2026-01-01"
    },
    "inputHash": "1b1f535e68ce3a74adc9e9a0d94074c4e637b5e1d1595fc3ec8d671d94873d38",
    "disturbanceHash": "0b88a213fa0eeb8c148e9bc7d9b12a1305c9e18e1b7271f69c5604d14af0b0bc",
    "evidence": [
      {
        "class": "assumption",
        "source": "Prepared illustrative inputs: yield-shock-bill-value",
        "observationDate": "not observed",
        "transformation": "Explicit user overrides; monetary inputs rounded to cents; annual rates in percentage points; ACT/365 calendar time; USD per EUR.",
        "status": "illustrative"
      }
    ],
    "limitations": [
      "Illustrative user assumptions; no live market data or calibrated forecast.",
      "Results apply only to the declared mechanisms, horizon and search bounds.",
      "No market refresh, AI calculation, trade execution or forecast calibration.",
      "Receipts are content-addressed local calculation records, not externally signed attestations.",
      "Deterministic calculation: the seed is recorded for the common receipt contract; this experiment samples no random disturbances."
    ]
  },
  "metrics": [
    {
      "key": "purchasePrice",
      "label": "Initial bill price",
      "value": 980655.56,
      "unit": "USD"
    },
    {
      "key": "marketValue",
      "label": "Bill value at observation/sale day",
      "value": 979865.77,
      "unit": "USD"
    },
    {
      "key": "valueChange",
      "label": "Change from purchase price",
      "value": -789.79,
      "unit": "USD"
    },
    {
      "key": "netSale",
      "label": "Net sale proceeds",
      "value": 979865.77,
      "unit": "USD"
    },
    {
      "key": "netProfit",
      "label": "Net realised sale difference",
      "value": -789.79,
      "unit": "USD"
    },
    {
      "key": "calendarCarry",
      "label": "Value change from calendar time alone",
      "value": 3171.93,
      "unit": "USD"
    },
    {
      "key": "yieldRepricing",
      "label": "Additional effect of changed yield",
      "value": -3961.72,
      "unit": "USD"
    },
    {
      "key": "minimumValue",
      "label": "Minimum modelled value",
      "value": 975935.83,
      "unit": "USD"
    },
    {
      "key": "finalValue",
      "label": "Final modelled value",
      "value": 1000000,
      "unit": "USD"
    }
  ],
  "interpretation": "Value changes separate calendar-time accrual from the explicit yield shock. The timeline is a marked-value path, not immediately settled cash.",
  "warnings": [
    "Illustrative assumptions; no live data or forecast calibration.",
    "Timeline is a value series, not settlement availability. Cash-funding feasibility is not assessed."
  ],
  "timelineKind": "value",
  "feasibilityAssessed": false,
  "feasible": true
}
