Chen model

In finance, the Chen model is a mathematical model describing the evolution of interest rates. It is a type of "three-factor model" (short-rate model) as it describes interest rate movements as driven by three sources of market risk.

Source: Wikipedia — Chen model (CC BY-SA 4.0)

Chen model

In finance, the Chen model is a mathematical model describing the evolution of interest rates. It is a type of "three-factor model" (short-rate model) as it describes interest rate movements as driven by three sources of market risk.

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Source: Wikipedia "Chen model" · CC BY-SA 4.0

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