Ijjach ich-ikilan n yield curves daɣ paragraf, isammuti almaɣna tan nasan tolas eway id daɣ bullet list
Context:War t illa curve n riba iyyan isaknen alqim n azruf i addinat fuk Awa ojjaran harat daɣ musnat n yield curve eqqal iddikud n azruf wa s iknan titbaqqa Edag wan aqtisad n addawla tan d taggayen ti axdam nen fal azruf fuk eqqal harat wa ezzaran daɣ musnat n yield curve Ihanan ajjotnen ijjan azruf n azruf s iddikud n azruf izlayan s alqim nasan n azruf  Kurbe tan n riba tan olahan id bonds ijjan alxakumaten daɣ azruf nasan isim net curve n riba tan n bonds n alxakumaten (curve tan alxakumaten) Banki tan ilanen rating n azruf maqqoran (Aa/AA meɣ s afalla) iskatan azruf jir iman nasan s LIBOR rate tan Kurba tan win riba tan aqqalan harkuk a ojjaran curve tan win alxakum Eqal ogaran aśuhu əd ogaran amitkalan dǎɣ hebutan ən azruf, əd aqalan atiwazayan fal əsim ən əmik wan LIBOR meɣ əmik wan swap. Edey wan curve wan swap eqqal afissar daɣ isalan win sider  Daɣ asiwad n curve wan alxakum d curve wan LIBOR, illan ti curve tan n taggayen Awen iknan id ijjitan n bond tan id išrayan taggayen Alwaq wa id taggayen ilanen alqim andarran n azruf fal alxakum tan ajjotnen d bank tan wi maqqornen, riba tan tin ojjaran hullan Kurba tan n riba tan tin taggayen alwaqqan iyyad at-w-aɣran daɣ awa s itawan "credit spread" fal curve tan win swap Almital, titbaqqet n curve tan riba n 5 iwityan i Vodafone addobat ad eqqil LIBOR + 0.25%, s 0.25% (a eqqalan alwaq iyyan iktab s 25 n titbaqqet n azruf meɣ 25 n titbaqqet n azruf) eqqal credit spread
1. azuk wan alɣalim Edag wan alxakum Awen ogdah id bond tan id izjaran alxakumaten daɣ azruf nasan 2. azuk wan issin LIBOR (meɣ swap curve) Awen eqqal iddikud n iddikud wa s taj banki tan wi maqqornen azruf n azruf jir iman nasan (s isim net tolas LIBOR rate) 3. azuk wan issin Kurbe tan n taggayt (meɣ kurbe tan taggayt) Awen eɣna id riba tan n bonds ijjan taggayen