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:]
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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:]
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A type of security whose cash flows come from residential debt such as mortgages, home-equity loans and subprime mortgages. This is a type of mortgage-back[阅读全文:]
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A type of inverse floating-rate bond created by dividing the income from a municipal bond into two portions. The municipal bondholder will create two new s[阅读全文:]
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A medium-term, subordinated, unsecured debt obligation usually issued by a multinational corporation. Retail notes can be purchased directly from the issue[阅读全文:]
Retiring an outstanding bond issue at maturity by using money from the sale of a new offering.
|||In other words, issuing more bonds to pay o[阅读全文:]
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A bond whose owner is registered with the bond's [阅读全文:]
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A special purpose vehicle (SPV) that is used to pool mortgage loans and issue mortgage-backed securities (MBS). Real estate mortgage investment conduits (R[阅读全文:]
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The actual amount of return earned on a security investment over a period of time. This period of time is typically the holding period which may differ fro[阅读全文:]
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A specific type of letter of credit in which a buyer extends an unsecured loan to a seller. Red Clause Letters of Credit permit documentary credit benefici[阅读全文:]