收益率曲線和買賣差價

對於債券的估值，買賣價差是否以某種方式反映在收益率曲線中？考慮到零息債券，人們會期望有一個買價和賣價，因此如果我計算零利率，我將有兩個值，這會導致兩條不同的零曲線。收益率曲線如何？流動性如何影響收益率曲線？

For a bond, or any security for that matter, the price you pay (or receive)is the price you get(or receive). The spread is only good for knowing where you can buy (or sell) at any given moment in time. Your “price” is where you execute your order. There is (almost) never a singular price that you can consider to be “the” price. It depends if you are buying or selling. I’m sure this sounds confusing…welcome to reality

引用自：https://quant.stackexchange.com/questions/34095