What does a Barclays Capital Liquidity CostScore of 1.2 mean?
What will be an ideal response?
The interpretation of the meaning of Barclays Capital Liquidity Cost Score (LCS) of 1.2 is as follows. An LCS of 1.2 is the roundtrip cost as percent of the bond's value "of immediately executing a standard institutional transaction."(Thus, as a percent, 1.2 means 1.2%.)Roundtrip cost refers to the cost of buying and then selling a bond. A standard institutional transaction is for $3 to $5 million of par value. An LCS for a bond of 1.2% trading at a bid price of 95 means that the current immediate roundtrip cost would be 1.2% of the bond's price or 0.012 × 95 = 1.14 . A higher LCS value means worse liquidity.
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Answer the following statements true (T) or false (F)
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Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
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