|
- UID
- 222283
- 帖子
- 303
- 主题
- 80
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-28
|
quiz: Non-Callable to Callable
If a company issues a non-callable bond and would like to make it callable, what is the best strategy using a swaption?
Answer : TO add the call feature, the company should purchase a receiver swaption .
If the company issued a callable bond and wants to remove the call feature, whats the best strategy using a swaption?
Answer: Sell a receiver swaption.
Ok so now whats confusing me is, when u sell a receiver swaption its the same thing a buying a payer swaption right? |
|
发表于 2011-7-11 19:52
| 