Secondary spread: Difference between revisions
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* [[Investment grade]] | * [[Investment grade]] | ||
* [[Notch]] | * [[Notch]] | ||
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* [[Secondary market]] | * [[Secondary market]] | ||
* [[Spread]] | * [[Spread]] | ||
Latest revision as of 15:50, 5 April 2022
Secondary spread is the difference between the yield on a fixed-income corporate security trading in the secondary market, and a comparable central government risk investment, such as a gilt.
- Upgrade reduced spreads
- "Tesco was upgraded one notch to BBB- by Fitch - Tesco's first investment-grade rating since being downgraded to sub-investment grade in 2015, and testament to the team's active and effective engagement with credit rating agencies.
- The Fitch upgrade had a notable impact on Tesco's secondary spreads."
- The Treasurer magazine, Deals Edition 2019, p28.
