Module 1 · Lesson 4 · 7 min

Why ladders exist

What you'll be able to do

  • Explain why a ladder starts from a calendar of needs rather than from a yield.
  • Calculate the cost today of funding a schedule of dated needs with matched zeros.
  • Compare a matched ladder with one long bond that must be sold early to meet the same needs.

This course is for members.

The DeFi University membership on Skool opens all 31 courses here, plus the live calls and community. Private coaching clients have access too.