摘要:
A type of fixed-income security where the holder is only entitled to receive regular cash flows that are derived from incoming principal repayments on an u[阅读全文:]
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A factor which can be used to calculate the present value of a series of annuities. The initial deposit, earning interest at the periodic rate (r), perfect[阅读全文:]
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A measure used to describe how a basis point change in yield affects the price of a bond.
Also knows as the "value of a basis point" (VBP) or "ba[阅读全文:]
摘要:
A debt instrument that combines a coupon paying bond with the option to convert the bond into common stock at a set price. These are frequently described a[阅读全文:]
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A convertible bond with an additional put feature that allows it to be redeemed at a premium sometime during its life.
|||Similar to a regular put op[阅读全文:]
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An asset that is transferred to a lender for the purpose of securing debt. The lender of the debt maintains possession of the pledged asset, but does not h[阅读全文:]
1. A 1% change in the face value of a bond or a debenture.
2. In futures contracts, a price change of one one-hundredth, or 1% of one cent.
3[阅读全文:]
摘要:
The percentage of the original principal that is left to be distributed in a mortgage-backed security, as represented by a numerical factor that will be at[阅读全文:]
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A non-parallel yield curve shift in which short- and long-term rates shift upward by a greater magnitude than medium term rates. This yield curve shift eff[阅读全文:]
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Bonds issued by a government agency that purchases U.S. government securities to pledge as collateral for the bond issue. Pre-funded bonds are issued by mu[阅读全文:]