| The set includes: the full unrestricted, ad-free video access, all related spreadsheets, the course printout, the course outline, the quiz, the course summary. | USD 99.00 / year |
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Asset Swaps and Z-spreads – All chapters
This 2-part module introduces the concept of an asset swap, including par and non-par asset swaps, and explains how to package an asset swap and what are the risks and benefits of such a structure. The module also explains what is meant by a bond’s z-spread, how it relates to and differs from yield to maturity as a measure of a bond’s potential return, and why a bond’s asset swap spread and z-spread are different.
Target audience: Traders, risk managers, sales force, financial control and audit
Prerequisite required:
– Bond Fundamentals
– Interest Rate Forwards & Swaps
Prerequisite recommended:
– None