Finding 4367Emerging EvidenceValidation V0
The study introduces the 'fundamental theorem of fixed-income pricing,' showing that insurance liabilities can be super-replicated using least-cost portfolios, even when perfect replication is impossible, unifying bonds, swaps, and repo transactions.
78%Confidence
1Evidence objects
v1Version
DraftStatus
Evidence trail
Supporting78% linkage confidence
The study introduces the 'fundamental theorem of fixed-income pricing,' showing that insurance liabilities can be super-replicated using least-cost portfolios, even when perfect replication is impossible, unifying bonds, swaps, and repo transactions.
key_findings bullet 2 · key_findings
Inspect source: Fixed-Income Pricing and the Replication of Liabilities →This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.