A bond with interest coupons that change to preset levels on specific dates. More specifically, the bond pays a given...
A category of assets that are supposedly safe or riskless. Examples of safe assets include US treasury bonds, currencies of...
A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This...
The amount of inventory that is lost, stolen, or spoiled during some period of time. It is usually figured out...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...
It stands for market index deposit; a certificate of deposit (CD) whose interest rate is tied to the performance of...
A certificate of deposit (CD) whose interest rate is tied to the performance of a market index, such the S&P500,...
In connection with discount debt instruments, it is the interest that would be earned by holding an instrument to maturity....
The collateral (securities collateralized) that is posted by a borrower against the repo loan in the repo market. Repo collateral...
An investment technique whereby investors (or portfolio managers) purchase multiple financial instruments/ products with different maturity dates ordered in a...