 
 
 
 
|
Exact matching
The financial definition for Exact matching:
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
Similar MatchesCash flow matchingCash flow matching Also called dedicating a portfolio, this is an alternative to multiperiod immunization that calls for the manager to match the maturity of each element in the liability stream, working backward from the last liability to assure all required cash flows.
Combination matchingCombination matching Also called horizon-matching, a variation of multiperiod immunization and cash flow-matching in which a portfolio is created that is always duration-matched and also cash-matched in the first few years.
Duration matching strategyDuration matching strategy An immunization technique
that matches immunization duration with the duration of the liabilities.
Further Suggestions Horizon matching strategy
Symmetric cash matching
Click to compare definitions of Exact matching
Click to view definitions beginning ex
|
|