NO.PZ2016022702000014

问题如下：

Given the yield curve for US Treasury zero-coupon bonds, which spread is most helpful pricing a corporate bond? The:

选项：

A.

Z-Spread.

B.

TED spread.

C.

Libor-OIS spread.

解释：

A is correct.

The Z-spread is the single rate which, when added to the rates of the spot yield curve, will provide the correct discount rates to price a particular risky bond.

考点：Z-spread

在spot yield curve的基础上增加Z-spread将得到有风险债券的折现率。