摘要:
A type of convertible debenture, part of which will be redeemed by the issuing company after a specified period of time and part of which is convertible in[阅读全文:]
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The par value of a mortgage-backed security at the time it is issued. Unlike most other types of bonds, mortgage-backed securities return both principal an[阅读全文:]
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The discount from par value at the time that a bond or other debt instrument is issued. It is the difference between the stated redemption price at maturit[阅读全文:]
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The process of posting more collateral than is needed to obtain or secure financing. Overcollateralization is often used as a method of credit enhancement [阅读全文:]
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A series of fixed payments made at the end of each period over a fixed amount of time.
|||An ordinary annuity is essentially a level stream o[阅读全文:]
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Mainly used for fixed-income products, OAS measures the yield spread that is not directly attributable to the security's characteristics.
||[阅读全文:]
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A clause in a revenue-bond agreement that permits the issuance of additional revenue bonds in the future, provided that the revenue of the previous year[阅读全文:]
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The most recently issued U.S. Treasury bond or note of a particular maturity. These are the opposite of "off-the-run treasuries".
|||When q[阅读全文:]
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The U.S. Treasury yield curve derived using on-the-run treasuries. The on-the-run Treasury curve is the primary benchmark used in pricing-fixed income secu[阅读全文:]
摘要:
A formal bidding process that is scheduled on a regular basis by the U.S. Treasury. Currently there are 17 authorized securities dealers (primary dealers) [阅读全文:]