Also discount bond. By definition it is a bond that accrues interest over its life. Accrued interest is only payable...
A structured product/ instrument that is modeled on a conventional equity-linked note(ELN). The conventional one provides investors with a fixed…
A two-legged transaction that involves the sale of one bond and the purchase of another with different term to take...
Also discount bond. By definition it is a bond that accrues interest over its life. Accrued interest is only payable...
A bond that accrues interest over its life. Accrued interest is only payable at the maturity date of the bond....
It stands for coupon equivalent rate; also known as equivalent bond yield; the yield on a discount bond that is...
Also equivalent bond yield; the yield on a discount bond that is computed in the same way the yield on...
An interest rate swap (specifically, an off-market swap) in which payments are made upfront on a discounted basis. That means,...
Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...
Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...