The Valuation of Mortgage-Backed Securities: the Option-Adjusted Spread by Combining HJM Interest Rate Model and PHM Repayment Model
碩士 === 國立雲林科技大學 === 財務金融系碩士班 === 91 === Mortgage-backed securities (MBS) are the originators use mortgage loans as collateral to issue bonds in the capital markets. After thirty years development in US Markets, the instruments have become the most popular fixed income products in the bond markets. T...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/02780304204911110549 |