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Essie2025-02-25 10:15:51
同学你好,因为term risk本身就是因为时间上的差异而产生的额外风险,时间都相似了,自然不用考虑term risk。
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180****86962025-02-25 19:15:30
If a company´s bond has a maturity similar to that of T-bills (Treasury bills), it may not require consideration of term risk because term risk primarily arises from the uncertainty associated with changes in interest rates over a longer time horizon. Treasury bills, being short-term instruments (usually under a year), are less sensitive to interest rate fluctuations compared to longer-term bonds. Similarly, if the company´s bond has a similar short maturity, its exposure to interest rate changes and the associated risk (term risk) would be minimal, as the bond´s price would not be as heavily impacted by shifts in long-term interest rates. In this case, the bond would behave more like a T-bill, with its primary risk factors being credit risk and liquidity risk, rather than term risk.
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