reference asset การใช้

The CDO gains the interest receivable on the reference asset ( s ) over the period while the counterparty mitigates their market risk.
In this sense, IKB, TCW, and Wachovia were long investors, betting that the referenced assets would perform well.
Total return swaps allow the party receiving the total return to gain exposure and benefit from a reference asset without actually having to own it.
In partial return reverse swaps, the underlying asset, referred to as the reference asset, is usually a stock or portfolio of stocks.
In total return swaps, the underlying asset, referred to as the reference asset, is usually an equity index, loans, or bonds.