The risk that arises from inability of a hedger/ portfolio manager to hedge against a change in the shape of...
The regular amount of interest payment that is made to bondholders during the lifetime of a bond (or a similar...
The rate which is earned on a bond purchased at a price equal to par value, and is paid by...
The face value of a convertible, i.e., the value that a holder redeems at maturity. The market price of a...
A type of whole loan repo in which the collateral is a consumer debt such as credit card and automobile...
A whole loan that represents consumer debts such as credit card and automobile receivables. The loan is extended to a...
It stands for cumulative auction market preferred stock; a preferred stock whose dividend is reset at specified periods based, for...
A preferred stock whose dividend is reset at specified periods based, for example, on the maximum of a set of...
An abbreviated form of cum dividend; a stock trades cum dividend (with or including dividend) when buyers qualify to receive...
A stock trades cum dividend (with or including dividend) when buyers qualify to receive the next dividend payment. The cum-dividend...