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Basic Question 3 of 5
The Treasury par curve is named because ______
B. spot rates cannot be calculated at non-par values.
C. on-the-run Treasuries are coupon-adjusted to sell at par.
A. Treasuries are only sold at par.
B. spot rates cannot be calculated at non-par values.
C. on-the-run Treasuries are coupon-adjusted to sell at par.
User Contributed Comments 2
| User | Comment |
|---|---|
| ehc0791 | Can some one explain how the OTR treasuries are coupon-adjusted to par ? I work in fixed income for 5 years, the all the risk calculation is done on swap curve which is par but not in treasury credit. |
| hoyleng | check out the OTR defination. hope it helps. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
define spot rates and the spot curve, and calculate the price of a bond using spot rates
CFA® 2025 Level I Curriculum, Volume 4, Module 9.