A 5% spread would definitely be reason enough not to add it.
I think that 575bps figure is misleading (I don’t know how it is calculated) but looking at today’s trade the typical spread seemed to be 15-20bps which is pretty good.
A 5% spread would definitely be reason enough not to add it.
I think that 575bps figure is misleading (I don’t know how it is calculated) but looking at today’s trade the typical spread seemed to be 15-20bps which is pretty good.