MarketRendleman–Bartter model
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Rendleman–Bartter model

The Rendleman–Bartter model (Richard J. Rendleman, Jr. and Brit J. Bartter) in finance is a short-rate model describing the evolution of interest rates. It is a "one factor model" as it describes interest rate movements as driven by only one source of market risk. As a stochastic asset model, it can be used in the valuation of interest rate derivatives.

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