a reduced-form model for the defaultable bond 关于可违约债券的一个简化型模型
the term structures of both credit spreads and default probability for defaultable bond are discussed, and are also analyzed with numerical examples 利用随机分析和偏微分方程的方法,讨论了违约债券的信用价差和违约概率的期限结构,并应用数值算例分析了期限结构的变动规律。