Pathways Issue No. 52

The January 2024 issue of Pathways is now available! For this month’s case study, Parmeet Singh reviews our least squares Monte-Carlo (LSM) model for callable bonds. He compares and contrasts the LSM framework with our one-factor trinomial tree model, in terms of calibration, performance, and suitability to different instrument types. To access the newsletter please click here.

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