Example: stock market
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Found 2 free book(s)Relative value analysis: calculating bond spreads Moorad ...
www.yieldcurve.comRelative value analysis: bond spreads Moorad Choudhry Investors measure the perceived market value, or relative value, of a corporate bond by
Understanding Asset Swaps - YieldCurve.com
www.yieldcurve.com3 Asset swaps example Assume that an investor holds a bond and enters into an asset swap with a bank. Then the value of an asset swap is the spread the bank pays over or under Libor.