an n-month risk-free bond

  • siouxsie2

    Member
    Italian
    The expression comes from a Macroeconomics textbook. The complete sentence is the following: "According to the expectations theory of the term structure of interest rates modified to incorporate a term premium 'y', in period 't' an n-month risk-free bond has a yield i = y ... etc."

    Need help
     
    Top