CFA L1 Yield & Spread Measures: Floating Rate Bonds
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt Play1/12
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
13 Terms
Floating rate instruments definition
How is floating rate different from fixed rates in terms of bond pricing?
Quoted margin
Required margin
Discount margin is the same as as
Required margin
The if then statements between quoted margins and discount margins, and PV on reset date
Floating rate bonds formula (memorize!)
Discount margin formula (using r and index rate)
DM = r - index rate
Floating rates formula for forward rates with Z discount margins (using spot rates and Z spread) (memorize!)
Money market instruments are _______ but not ________
Discount basis (or rate) yield for money market instruments (memorize!)
Add-on rates or money market yield formula (memorize!)
Bond equivalent yield so we can compare DR and AOR objectively (memorize!)
