Treasury Richness
收藏NBER2021-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29081
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资源简介：
It is widely believed that Treasuries trade at premium prices because of their safety and money-like properties. In reality, this is only true on a relative basis when compared to other bonds, but is often not true on an absolute basis. Many Treasuries have repeatedly traded at substantial discounts
学界普遍认为，国债（Treasuries）凭借其安全性与类货币属性而享有溢价定价。但实际情况是，该结论仅在与其他债券的相对比较维度下成立，从绝对定价层面来看往往并不成立。诸多国债曾多次出现大幅折价交易的情形。
提供机构：
美国国家经济研究局
创建时间：
2021-07-01
