August 10th, 2012, 5:49 am
Hi all, I use the Bloomberg function "SWPM -ASW" to calculate the credit spread of a bond. Within this page, it allows me to choose receive fixed or receive float for calculation and both will get different result. Which one I should choose in order to calculate the credit spread correctly?Also what's the different between the z-spread and swap spread quote in this page?Thanks.Kevin