摘要:
The purchase of securities with the agreement to sell them at a higher price at a specific future date.
For the party selling the security (and agr[阅读全文:]
摘要:
A form of revolving credit in which a group of underwriters agrees to provide loans in the event that a borrower is unable to sell in the Eurocurrency mark[阅读全文:]
摘要:
A trading strategy that is based upon the yield curve and used for interest rate futures. Investors hope to achieve capital gains by employing this strateg[阅读全文:]
摘要:
A bond that features an option for the holder to force the issuer to redeem the bond before maturity at par value. An investor may choose to shorten the ma[阅读全文:]
A bond index that estimates the approximate yield that an investor will receive if he or she invests in revenue bonds maturing in 30 years. This index is c[阅读全文:]
摘要:
A short-term debt security issued on the premise that future revenues will be sufficient to meet repayment obligations.
|||RANs are generally[阅读全文:]
摘要:
A municipal bond supported by the revenue from a specific project, such as a toll bridge, highway, or local stadium.
|||This differs from gen[阅读全文:]
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A form of short-term borrowing for dealers in government securities. The dealer sells the government securities to investors, usually on an overnight basis[阅读全文:]
摘要:
The return a bond must offer in order to be a worthwhile investment. Required yield is set by the market and sets the precedent for how current bond issues[阅读全文:]
摘要:
The additional fixed spread above the index underlying a floating-rate security.
|||For example, if a floating-rate note has a rate based on [阅读全文:]