A floater (FRN) in which a higher coupon is paid should a particular reference rate is within a specific range...
A floating-rate note (FRN) in which a higher coupon is paid should a particular reference rate is within a specific...
The return which is realized during the period a bond is held (therefore, it is a holding period return). If...
A measure of yield that reflects the actual yield-to-maturity earned on an investment (security). In other words, it represents the...
A rate that is used as a reference point for determination of payment in a contract/ agreement/ instrument, etc. A...
In relation to bonds, it is the risk (a type of interest rate risk) that the reinvestment rate will drop...
The running yield on a convertible is similar to the dividend yield on a share of stock. It is calculated...
A rate-adjustable debt instrument that has a coupon rate that adjusts periodically at a specific spread over a non-money market...
A standard repo whose termination date matches the maturity date of the security (e.g., bond, note, etc.) In other words,...
The difference between the general collateral rate (general repo rate) and the specific collateral rate (special repo rate): s =...