A fixed-income strategy that aims at buying new cash-generating assets so that their cash inflows will be used to match expected cash outflows. This involves dedicating cash flows generated by assets to assuring payments to creditors. For example, the cash inflows from zero-coupon bonds can be matched off against the projected cash outflows from an institutional investor such as a pension fund.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments