A spread is the difference between the Rate of return on a given Bond and that on a Benchmark used by the market. Spread can be used in the sense of bid-ask spread.
Spread(See Chapter 21 of the Vernimmen)
A spread is the difference between the Rate of return on a given Bond and that on a Benchmark used by the market. Spread can be used in the sense of bid-ask spread.
A spread is the difference between the Rate of return on a given Bond and that on a Benchmark used by the market. Spread can be used in the sense of bid-ask spread.