
- UID
- 223432
- 帖子
- 312
- 主题
- 12
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-19
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终于想通了,duration of the portfolio actually should take into consideration of both assets duration and liability duration, fixed liability has higher duration than floating one, adding which may reduce the gap between assets duration and liability duration, hence reduce the equity duration. Right? |
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