The index of US government bonds with a 10-year maturity (10-year bonds or in general 10-year treasuries). It measures the...
The yield spread between the yields offered in two sectors of the bond market with the same maturity. A prime...
The weighted average cost of capital (WACC) or the average rate of return that is required by all of a...
A tranche (specifically, a CMO tranche) that is designed to protect investors from prepayment risk. To that end, it absorbs...
The running yield on a convertible is similar to the dividend yield on a share of stock. It is calculated...
A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This...
A range accrual note that has an embedded put option. It allows the holder (investor) to put the note (return...
A convertible bond that is embedded with a put provision. In other words, it allows the bondholder to put or...
The actual return a bondholder will receive on the bond, based on its current market price. It is given by:...
The current yield on a convertible is similar to the dividend yield on a share of stock. It is calculated...