CREDIT
Credit Spread
Measures yield compensation over a selected reference curve.
Formula
Credit spread = Credit yield - Reference yield
Variables: Credit yield; matched reference yield
What it means
Measures yield compensation over a selected reference curve.
Example
A corporate bond at 5.4% versus a matched government yield of 4.1% has a 130 bp spread.
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 Formulas
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.