Assertion: par curve | /r/HasProperty | constructed
Facets:
Source sentences:
text: (e.g., there’s not likely to be a bond with exactly 4.5 years to maturity, and another with exactly 13.5 years to maturity, and so on), the par curve is constructed by using whatever maturities are available in the market, and then using some mathematical technique to interpolate (or extrapolate) to get the remaining YTMs.