Latest News:
news, comment, analysis and data on the global business of credit trading and investing
Theoretical value
Of a , the weighted average spread of the constituents. If the index is trading with a higher spread than its theoretical value it is said to be cheap to theoretical. If the index is tighter than the theoretical value, it is said to be expensive or rich to theoretical.
Related stories
- Roll to bring large Crossover spread change, says trading desk 1 year ago
- Incoming iTraxx indices to roll wider, says trading desk 1 year ago
- LCDX attracts volumes as credit moves higher 2 years ago
- IG Series 12 may be tighter than series 11, says JP Morgan 2 years ago
- US indices gap wider driven by stocks and correlation 3 years ago
- New three-year Crossover deemed expensive 4 years ago
- Dealers scrabble to balance books ahead of maturity roll 7 years ago
- Trading desk: Credit squeezed from all angles 7 years ago
- New study shines spotlight on CDO price performance 8 years ago
