Quality Spread Differential (QSD) arises during an interest rate swap in which two parties of different levels of creditworthiness experience different levels of interest rates of debt obligations. A positive QSD means that a swap is in the interest of both parties.
Read more about Quality Spread Differential: Example
Famous quotes containing the words quality, spread and/or differential:
“Writing fiction is ... an endless and always defeated effort to capture some quality of life without killing it.”
—Rose Wilder Lane (1886–1965)
“Cap off
and then what? The brains as
helpless as oysters in a pint container,
the nerves like phone wires.
God, take care, take infinite care
with the tumor lest it spread like grease.”
—Anne Sexton (1928–1974)
“But how is one to make a scientist understand that there is something unalterably deranged about differential calculus, quantum theory, or the obscene and so inanely liturgical ordeals of the precession of the equinoxes.”
—Antonin Artaud (1896–1948)