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option-adjusted spread

Option-Adjusted Spread: How OAS Measures Bond Risk

October 6, 2026 by Bruno
AI-generated editorial image: Restrained minimalist desk scene with financial bond indenture documents and analytical tools in soft daylight

Learn what Option-Adjusted Spread (OAS) is, how it strips embedded call risk from bond yields, and why credit investors use it to value corporate bonds.

Categories Market Education Tags callable bonds, capital markets, corporate bonds, option-adjusted spread, yield spread

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