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You're hard put to price risky bonds if you don't have a stable benchmark.
It provides a stable benchmark for the interest rates of other bonds.
Values are relative, and it's hard to price risky bonds if you don't have a stable benchmark against which to price them.
Similar(54)
For the former task, stable benchmarks are needed to conclude whether high-quality care is being delivered across institutions.
There is no longer a stable currency benchmark for the largest economies in the world: the United States, the Eurozone, China, Japan, or any other country.
Even as markets elsewhere were relatively stable, India's benchmark Nifty stock index fell 1.9 percent on Friday, to its lowest level in 14 months.
These standards represented benchmarks of stable, naturally eroding reference streams.
Corrections for these factors may yield more stable and consistent healthy benchmarks for the use of plasma VEGF or sVEGFR1 as diagnostic markers.
This combination method has been reported to give intuitive and stable results in several benchmarks [ 28].
Norges Bank, whose mandate is to maintain stable price increases, trimmed its benchmark deposit rate a quarter percentage point to an all-time low of 2percentt, putting it in line with the main rate of the European Central Bank for the first time.
We also demonstrate stable and convergent results for benchmark high Weissenberg number problems at We = 1 and We = 10.
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CEO of Professional Science Editing for Scientists @ prosciediting.com