This is extremely basic but something I always get hung up on. If you are long a fixed-rate bond, does that mean you are required to pay the fixed rate coupon or are receiving the fixed rate coupons?作者: infinitybenzo 时间: 2011-7-13 13:35
you receive.作者: canadiananalyst 时间: 2011-7-13 13:35
receiving them作者: bpdulog 时间: 2011-7-13 13:35
means you hold a fixed rate bond (ie receive coupons as its an investment)作者: Windjammer 时间: 2011-7-13 13:35
long means you own the bond, so you are entitled to receive the coupons. similar to long a stock, you are entitled to dividends.
