This is a preview of a paper to view the full text you need to signup and login.
|
a
|
|
|
Contingent immunization provides an effective method of protecting the active bond management from adverse market movements and to help the bond portfolio achieve a minimum return. This article mainly discusses the system of using contingent immunization and the risk control process involved. Contingent immunization is a combination of active management and an immunization. It is different from classical immunization, which tends to get a maximum fixed return, normally the prevailing rate. Immunization can prevent the bond portfolio being affected by the downward change of market rate, but in a predefined manner..
|
|
|
To link to this page, copy the following code to your site:
|
|
Paper Information
|
|
|
Title: a
Words: 392 Rating: None Pages: 1.6 submitted by: jacq1219
If you think this paper shouldn't be here then
|
|
|
|
|
Signup & Login
|
|
|
If you don't currently have a login then Signup here
|
|
|
|
|
Pre-Written Papers
|
|
|
|
|
|
|
|
Custom Papers
|
|
|
|
|
|
|
|