Which of the following is not a type of bond swap used in active portfolio management?

Question

Quizplus · Accepted Answer

Asset-liability swaps are not typically used in active portfolio management, as they involve the exchange of assets or liabilities between different entities with different investment objectives or financial obligations. The other three types of swaps listed (inter-market spread, substitution, and rate anticipation) are commonly used by portfolio managers to adjust their holdings and improve returns in response to changing market conditions or perceived opportunities.

Which of the Following Is Not a Type of Bond