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- UID
- 223414
- 帖子
- 347
- 主题
- 11
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-6
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If it's a floating rate IO, and rates drop, less cash is recieved.
If i buy an IO that pays me 3M Libor every quarter for 1 year, and I pay $10 for this and LIBOR goes to zero the next day for the remainder of the year, i recieve 0 cash and therefore don't even realize the $10 i invested. |
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发表于 2011-7-13 16:18
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