幸同學(xué)
2022-11-08 20:06老師我看網(wǎng)上的考題回顧有人說考到了TBA 和CTD的缺點(diǎn) 這兩個(gè)考點(diǎn)在哪里講過,需要掌握哪些內(nèi)容呢
所屬:FRM Part I > Foundations of Risk Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Lucia助教
2022-11-09 10:01
該回答已被題主采納
同學(xué)你好
TBA(To be annouced) market
In the TBA market, the buyer and seller agree on: Issuer , Maturity , Coupon , Price per USD 100 of par value , Par value , Settlement month and so on.
The TBA market is a forward market that attracts more trades than specified pools market .
Seller has what are called the cheapest-to-deliver option.
CTD(chepest to deliver)
