Series 52: 4.4.1.2. Benchmark Yield Curves

Taken from our Series 52 Top Off Online Guide

4.4.1.2.  Benchmark Yield Curves

Market participants may also find benchmark yield curves publicly available to assist in valuing a bond. A benchmark yield curve is a graph of the estimated current yield of bonds of similar credit quality across the range of possible maturities.

Municipal Market Analytics (MMA), for example, publishes the MMA AAA Median Municipal Benchmark, which represents an estimate of the mid-market price (midpoint between bid and ask) fo

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