What is China Investment Corporation (CIC)?
A government-sponsored entity of the People’s Republic of China that seeks to invest in securities and commodities abroad. The CIC was initially funded with around $200 billion, which originated from the issuance of long-term treasury bonds by the People’s Bank of China (PBOC). The bond proceeds were then converted into dollars through the foreign exchange market. Read more for examples and further explanation including related video clips and also comments
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Matrix Trading definition explanation
What is Matrix Trading?
A fixed income trading strategy that looks for discrepancies in the yield curve on which an investor can capitalize by instituting a bond swap. Discrepancies come about when current yields on a particular class of bond (corporate, municipal, etc.) don’t match up with the rest of the yield curve or its historical norms. Read more for examples and further explanation including related video clips and also comments
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