Widening: Difference between revisions
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Latest revision as of 12:01, 28 March 2024
Bonds - issuance - yields - spreads.
In relation to a bond yield, especially at issuance, widening means an increase in the yield.
This makes the bond a higher-cost source of financing for the issuer.
The increase in yield is known as a widening, because the spread over the yield on the comparable risk-free benchmark security is increased.
