AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
52. PJ Pierre & Zed Francis - Are any banks solvent?
Mutiny Investing Podcast
The Advantages of Trading a Credit Spread
Operating a bank is you're just trading a spread, right? So it's like, okay, we're going to issue a loan with some sort of credit spread over what's determined to be risk fee rate. And ultimately, what's in like the credit spread portion, I would probably call like the piece of the loan where the banks actually not really making a ton of money. The market's actually pretty darn efficient from the, you know, pricing the credit spread reasonably correctly.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode