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惠惠 · 2019年11月22日

问一道题:NO.PZ2019103001000080 [ CFA III ]

问题如下图:

选项:能否解释一下选项B是什么意思?

A.

B.

C.

解释:

1 个答案

发亮_品职助教 · 2019年11月22日

嗨,爱思考的PZer你好:


B选项说的Benchmark bond就是指Newly issued bonds或者是On-the-run bond,和他对应的就是Older-bonds/Off-the-run bond。

所以B选项说,Benchmark bond比Older bonds有更大的Spread,这点错误;

新发行债券的Bid-ask spread比旧债的小,且流动性更好。

 


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