PaisleyPPx · 2020年02月07日
问题如下：
In which situation, sovereign bonds are described as benchmark?
选项：
A.Sovereign bonds are the most recent issue in a specific maturity.
B.Sovereign bonds receive greater-than-expected demand from auction bidders.
C.Sovereign bonds' price have risen drastically since they were issued.
解释：
A is correct.
Sovereign bonds that were most recently issued in a specific maturity are described as on-the-run or benchmark.
老师 能不能详细解释一下这道题目？
NO.PZ2016031002000012 问题如下 In whisituation, sovereign bon are scribebenchmark? A.Sovereign bon are the most recent issue in a specific maturity. B.Sovereign bon receive greater-than-expectemanfrom auction biers. C.Sovereign bon' prihave risen astically sinthey were issue A is correct.Sovereign bon thwere most recently issuein a specific maturity are scribeon-the-run or benchmark.考点Sovereign bon解析题目问的是，在何种情况下，国债可以被作为benchmark。 对于benchmark的选择，我们首先需要保证maturity和目标债券相匹配，（这道题没有涉及）。其次要考虑流动性，而国债在刚发行的时候，其流动性最好。 因为国债通常都是持有至到期的，发行了一段时间的国债其交易很少，流动性较差。所以我们要选择刚刚发行的国债作为benchmark，故A正确。 请问老师，关于BC，不是国债在市场的交易价格或利率变动反映了市场利率水平吗？所以才可以作为Benchmark。为什么答案中变动了不能作为Benchmark?谢谢~
难道不是因为他没有信用风险，才可以用来做rm的？我没太明白这三个的点……
Sovereign bon receive greater-than-expectemanfrom auction biers. Sovereign bon' prihave risen astically sinthey were issue A is correct. Sovereign bon thwere most recently issuein a specific maturity are scribeon-the-run or benchmark. b为什么是错的呢请问
这道题能当结论记吗，可以理解为之所以能作为benchmark，就是因为它的maturity吗？它的maturity可以作为参考？
