"Bond Swaps: • It involves liquidating a current position and simultaneously buying a different issue in its place with similar attributes but having a chance for improved return. • The main purpose of the bond swap is portfolio improvement. • Different types of bond swaps: Pure Yield Pickup Swap, Substitution Swap, Tax Swap. Source: http://in.docsity.com/en-docs/Active_Bond_Portfolio_Management_Strategies_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
Add a comment
to see other 4 answers