Premia and Secondary curve: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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Plural of [[premium]].
''Securities - pricing.''


Some writers and speakers say 'premiums' rather than 'premia'.  
A secondary yield curve describes the prices of securities trading in the secondary market, differentiated by their maturities.


(They both mean the same thing.)
For an individual issuer, its secondary curve is built from the prices of its own securities currently trading in the secondary market.
 
 
:<span style="color:#4B0082">'''''Tesco's SLB priced 15bps inside secondary curve'''''</span>
 
:"Investor interest in sustainability-linked bonds (SLB) is clear from the ‘greenium’ or pricing benefits issuers have enjoyed.  
 
:Tesco’s [January 2021] SLB, for example, priced 15bps inside its secondary curve."
 
:''Agnes Gourc and Cecile Moitry - co-heads, sustainable finance markets - BNP Paribas - The Treasurer online - 10 June 2021''




== See also ==
== See also ==
* [[Float]]
* [[Bond]]
* [[bp]]
* [[Green curve]]
* [[Green gilt]]
* [[Maturity]]
* [[Premium]]
* [[Premium]]
* [[Secondary market]]
* [[Sustainability-linked bond]] (SLB)
* [[Yield curve]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 13:28, 21 July 2021

Securities - pricing.

A secondary yield curve describes the prices of securities trading in the secondary market, differentiated by their maturities.

For an individual issuer, its secondary curve is built from the prices of its own securities currently trading in the secondary market.


Tesco's SLB priced 15bps inside secondary curve
"Investor interest in sustainability-linked bonds (SLB) is clear from the ‘greenium’ or pricing benefits issuers have enjoyed.
Tesco’s [January 2021] SLB, for example, priced 15bps inside its secondary curve."
Agnes Gourc and Cecile Moitry - co-heads, sustainable finance markets - BNP Paribas - The Treasurer online - 10 June 2021


See also