Joplin is a free, open source note taking and to-do application, which can handle a large number of notes organised into notebooks. The notes are searchable, can be copied, tagged and modified either from the applications directly or from your own text editor. The notes are in Markdown ...
We determine the term structure of risk-free rates and default intensities for sovereign borrowers in the euro area via a novel methodology of simultaneous fitting of the credit default swap (CDS) and bond prices and quotes. This market-consistent approach for the calculation of risk-free ...
Any prices, values or estimates provided in this Communication (other than those that are identified as being historical) are indicative only, may change without notice and do not represent firm quotes as to either price or size, nor reflect the value Citi may assign a security in its ...
I have four decades invested into this material, and as those two quotes from 2010 and 2013 indicate, I seem to have gotten it right. So, welcome to The Wo-Jo. Do I need a lawyer to write that? So, I will close out today’s Update with two Nostradamus’ prophecies that I like an...
that their breasts were so heavy that the birds toppled over, unable to walk. I watched documentaries where pigs live in claustrophobic cages with not an inch of negative space for comfort. At the time, I quieted my guilt by buying cage-free, free-range, organic, and grass-fed products...
This was necessary after the most recent credit-liquidity crisis, whereby for a period of time it was not possible to calibrate standard CDO models to the complete set of CDX.IG and ITRAXX.IG tranche quotes. The inability to calibrate the standard CDO models has been attributed to the ...