See Also: Option adjusted spread (OAS)(finance)
Option-adjusted spread (OAS)(money)
Option spread(money)
Spread option(finance)
Spread option(money)
Option spread(finance)
Load spread option(finance)
Butterfly option spread(finance)
Load spread option(money)
well-adjusted(dictionary)

Option adjusted spread (OAS) (finance)


1) The spread over an issuer's spot rate curve, developed as a measure of the yield spread that can be used to convert dollar differences between theoretical value and market prices. 2) The cost of the implied call embedded in an MBS, defined as additional basis-yield spread.