NO.PZ2024050101000035
问题如下:
If the CDS spread is significantly greater than the bond yield spread, what is the most appropriate action by the investor to take arbitrage?
选项:
A.Buy the corporate bond and buy CDS protection.
Sell the corporate bond and buy CDS protection.
Sell the corporate bond and sell CDS protection.
解释:
If the CDS spread is greater than the bond yield spread, sell the corporate bond, and sell CDS protection to borrow at less than the risk-free rate.
当我们说CDS的利差的时候,指的是什么和什么的利差呀?