Recent content by profeta

Using OAS, YTM, Asset swap spread, in a practical way seem to give the same information regarding to the cheapness of a bond Comparing two bond of the same maturity but different issuer: 1) Fiat (rating BB ) 2) Allianz Insurance (rating AA-) For liquidity and credit risk I suppose the Fiat...

obviosuly to be acamical compliant I am starting to speak in term of Asset swap spread ;) thanks

Yes sorry, the Btp meant has a 4 1/2 coupon maturity feb 2018 I agree with you why the Btp is cheaper than OAT (liquidity and credit) and how to calculate the asset swap price (or spread) So do you tell me that only for that pretty meaningless people usually speak in term of spread of asset...

ok, . and I suppose I have to compare bond with the same currency but also with the same maturity But what I don't uderstand it is why I have to use asset swap, to compare bonds why I can't simply use the yield to maturity? Asset swap gives me more information than yield to maturity? For...

Someone start to think that the oil price get the peak, highlighting that the slowdown of economy determines a dropping of fuel demand The slowdown of economy is confirmed by the consumer confidence falling more than the forecast Bloomberg.com: Worldwide

This article is supporting the idea that there is not a speculation of the oil price but the price is really driven by supply/demand and worries about future time. This article is also highlighting the off limits, for western oil firms, policy of oil country exporters. In fact now it is very...

Hi everybody, someone could tell me why the spread of an asset swap is used to determine the cheapness of the underlying bond? Thanks