摘要:
The market niche comprised of investment vehicles exempt from federal taxes. Nearly all investments in this area are municipal bonds, which cannot be ta[阅读全文:]
摘要:
A letter of credit that has been pre-funded by the bank on the closing date, instead of when the funds are drawn as needed. The funds accessible through a [阅读全文:]
摘要:
A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing, such as a construction loan. [阅读全文:]
A procedure that allows borrowers to sell bonds or other short-term debt instruments from past issues. The bonds are issued at their original face value, m[阅读全文:]
摘要:
A type of credit derivative that is similar to a planned amortization class (PAC) in that it protects investors from prepayment; however, it is structured [阅读全文:]
摘要:
Unique bills sold at a discount and maturing within 23 to 273 days that the United States Treasury Department issues to investors. Since 1975, the Treas[阅读全文:]
摘要:
Short-term debt securities issued in anticipation of future tax collections.
|||TANs are generally issued by state and municipal governments [阅读全文:]
摘要:
The pretax yield that a taxable bond needs to possess for its yield to be equal to that of a tax-free municipal bond. This calculation can be used to fairl[阅读全文:]
When a guarantor or a sum of money is held as a guarantee for a loan in good faith.
|||It is similar to a deposit on a loan or contract.
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摘要:
A Eurobond that is issued by a Japanese issuer and does not count against a Japanese institution's limits on the holdings of foreign securities.
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