Thanks a lot for your explanation!

來源: rx300 於 2012-01-30 20:32:13 [] [舊帖] [給我悄悄話] 本文已被閱讀： 次 (336 bytes)
回答: 回複：not sure about your point #2 由 ZhangZhouDaTou 於 2012-01-30 19:53:42

I've always thought note/bond is a debt instrument.  I've never thought that the underlying asset can be derivates.  If I purchase a bond like that, am I financing someone else's gambling spree?

Anyway, thanks a lot for your insight!  I'm a 民工, the complex financial world is beyond my imagination. 

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