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About MScFE 560 FM_Compiled_Video_Transcripts_M4
The document discusses risks associated with bond markets. It covers market risk, which is the risk of bond prices dropping due to interest rate changes. It also covers credit risk, which is the risk of default by the bond issuer in not paying the full amount at maturity. Credit risk depends on the creditworthiness of the issuer and is factored into bond prices. Bond prices can change over time in the secondary market as the market incorporates new information about default likelihood.
Detailed Information
| Author: | ['Prantik Mitra'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 10 |
| Language: | English |
| Format: | |
| Price: | FREE |
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