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Using the Hard Currency Credit Calculator: 10-year US Treasury yields 3.25%. Naranja sovereign credit spread is 3.75% above US Treasury. The Naranja 10-year sovereign bond
Using the Hard Currency Credit Calculator: 10-year US Treasury yields 3.25%. Naranja sovereign credit spread is 3.75% above US Treasury. The Naranja 10-year sovereign bond has a coupon of 6%. If US Treasury yield immediately rises to 3.55% and the Naranja sovereign spread falls to 3.65%, what price should $100 of the Naranja 10-year bond trade at?
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