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Dark Green Spread

The spread that results from power minus coal and carbon costs. That is this spread captures the profit realized by...

Dirty Price of Bond

The full price of a bond. It is calculated by adding accrued interest and any commissions or fees to the...

Dollar Value of One Basis Point

The dollar value of one basis point (DV01) is the derivative of price with respect to yield: This tool reflects...

Dollar Duration

The dollar duration is the derivative of price with respect to yield: This tool reflects the dollar (rather than the...

Dollar Duration of a Swap

The dollar duration of an interest rate swap is the difference between the dollar duration of the two bond positions...

Flexi Option

A variant of swing option which provides more flexibility in terms of contractual features for purposes of interest rate risk...

Implied Yield TED Spread

A TED spread that is derived by using stub LIBOR and Eurodollar futures rates to figure out the par coupon...

Implied Correlation

A correlation measure that reflects the level of linear relationship between two assets or more within a specific period of...

Multi-Currency CDS

A credit default swap (CDS) that is traded in multiple currencies, i.e., protection, in case of default, is paid by...

Implied Zero Coupon Swap Curve

A yield curve for zero-coupon notes that is implied from the ordinary yield curve. It is used to calculate payments...