BofA Merrill Lynch US Corporate 1-3 Year Option-Adjusted Spread (BAMLC1A0C13Y)
2014-03-13: 0.66 Percent
Daily, Close, Not Seasonally Adjusted, Updated: 2014-03-14 7:47 AM CDT
|Source:|| BofA Merrill Lynch
|Release:||BofA Merrill Lynch|
The BofA Merrill Lynch Option-Adjusted Spreads (OASs) are the calculated spreads between a computed OAS index of all bonds in a given rating category and a spot Treasury curve. An OAS index is constructed using each constituent bond’s OAS, weighted by market capitalization. The US Corporate 1-3 Year OAS is a subset of the BofA Merrill Lynch US Corporate Master OAS, BAMLC0A0CM. This subset includes all securities with a remaining term to maturity of less than 3 years. When the last calendar day of the month takes place on the weekend, weekend observations will occur as a result of month ending accrued interest adjustments.