Th e yield spread of a specifi c bond over the standard swap rate in that currency of the same tenor is best described as the:

A . I-spread.

B . Z-spread.

C . G-spread.

Th e following information relates to Question 42 Bond Coupon Rate Time-to-Maturity Price UK Government Benchmark Bond 2% 3 years 100.25 UK Corporate Bond 5% 3 years 100.65 Both bonds pay interest annually. Th e current three-year EUR interest rate swap benchmark is 2.12%.