FIXED INCOME
OAS
A modeled spread measure that adjusts for the value and behavior of embedded options.
What does it stand for?
Option-Adjusted Spread
What it means
A modeled spread measure that adjusts for the value and behavior of embedded options.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.