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yukijiang · 2021年05月11日

什么是credit related risk

NO.PZ2018062020000010

问题如下:

Which of the following risks is credit-related risk that the investors' transaction price may differ from the price indicated in the market?

选项:

A.

Credit migration risk.

B.

Default risk.

C.

Market liquidity risk.

解释:

C is correct.

Liquidity risk reflects the difference between the market price and actually trading price. Investors need to pay premiums when securities lacks transactions.

什么是credit related risk
1 个答案

吴昊_品职助教 · 2021年05月11日

嗨,爱思考的PZer你好:


同学你好:

credit related risk从字面上看,就是与信用相关的风险,credit-related risk有:1、spread risk(信用利差风险);2、Credit migration (or downgrade) risk(信用等级下调风险);3、Market liquidity risk(市场流动性风险)。所以这道题中的A和C选项都是信用相关的风险,但是题干描述的就是Market liquidity risk的定义,所以选C。(对应基础班讲义P331&332)

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