|
- UID
- 222253
- 帖子
- 297
- 主题
- 65
- 注册时间
- 2011-7-2
- 最后登录
- 2014-8-2
|
Classical vs Contingent Immunization vs Cash Flow Matching
What are the differences?
-Classical is just matching the durations of assets to that of liabilities
-Contingent Immunization allows for profits
-Cash flow matching - Buy zero coupon bond to mature at latest liability and work backwards
? |
|
发表于 2011-7-13 16:36
|