The document discusses two types of debt options: price-based and yield-based. Currently, only yield-based options are being traded. It highlights the importance of understanding the relationship between rates, yields, and prices of debt securities for investors interested in debt options. The document also references risks associated with debt options, which are discussed in Chapter X.
documents/vol00010-efta01353425-pdf.pdf
{"document_type":"other","document_subtype":"financial document","reference_numbers":["EFTA01353425"]}