SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim McCormick who wrote (77389)3/9/2000 1:35:00 PM
From: Michael Bakunin   of 132070
 
Curious, I tracked down this document: research.ml.com Some highlights:
"series of one-security indices in which the current on-the-
run issue for each stated maturity remains in the index
until the date a new one is auctioned and settles."
"series of off-the-run run indices each comprised of a
basket of securities that fall within a targeted maturity
range of selected points on the yield curve"
Looks like I was comparing apples and oranges -- an on-the-run 5-year vs. off-the-run baskets. Oops. At least I know more about bond index construction and calculation now. -g-, -mb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext