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Bond-Over-Bill Spread |
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Bond-Over-Bill Spread The difference in yield between two bonds or other debt securities with different credit quality. For example, an investment grade bond and a junk bond have different yields to appropriately compensate the bondholder for the level of risk. The difference between these is called the yield spread. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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