Generic credit spread
Refers to the corporate bond spread for a particular credit rating and expiry. For example, 10-year single A corporates were priced or trading at 130 basis points above Treasuries last night, or said differently, 130 is the generic credit spread for 10-year single A corporates.
Nearby TermsGeneration-skipping transfer or trust Generic Generic credit spread Genetic Algorithms GEO
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University