arge loan are reduced. The MVA methodology is, however, much less common than the par/par asset swap for government bonds. A summary of the cash flows involved in an MVA asset swap using the sam<span>e bond as in the par/par example is shown in Exhibits 4 and 5. Notice that the spread applied on an MVA asset swap is not the same as for par/par. Exhibit 4 Trading an MVA Swap Spread Source: Morgan Sta
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
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| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |