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A yield curve in which short-term debt instruments have a lower yield than long-term debt instruments of the same credit quality. This gives the yield curv[阅读全文:]
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The spread, expressed in percent or basis points, that when added to the yield at one point on the Treasury yield curve equals the discount factor that wil[阅读全文:]
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The interest rate stated on the face of a bond, which represents the percentage of interest to be paid by the issuer on the face value of the bond.
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One of the two bid processes for buying debt issuances. Non-competitive tender is for small investors, while competitive tender is for large institutional [阅读全文:]
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Any type of security that is difficult to buy or a sell because it does not trade on a normal market or exchange. These types of securities trade over the [阅读全文:]
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A method of offering municipal bonds or similar financial instruments in which the issuing entity and a selected underwriter negotiate the terms of the iss[阅读全文:]
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A measurement of the value of a government's debt expressed in terms of the amount attributable to each citizen under the government's jurisdiction. It [阅读全文:]
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In a municipal bond issue, a ratio measuring the value of the municipality's net debt compared to the specified value of the real property being purchased[阅读全文:]
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A ratio comparing the net value of a municipal bond issue to the estimated market value of the property secured by the debt. This ratio can differ signific[阅读全文:]
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A provision in a municipal bond issue that requires the issuing municipality to use net revenues (revenues left after expenses) from the project being f[阅读全文:]