A property of option-free bonds that the price appreciation for a large downward change in interest rates will be greater (in absolute terms) than the price depreciation for the same downward change in interest rates.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm
A property of option-free bonds whereby the price appreciation for a large upward change in interest rates will be greater (in absolute terms) than the price depreciation for the same downward change in interest rates.
Found on
http://www.encyclo.co.uk/local/20047
A property of option-free bonds that the price appreciation for a large downward change in interest
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
