摘要:
A type of debt-instrument-based option that derives its value from the difference between the exercise price and the value of the yield of the underlying d[阅读全文:]
摘要:
The yield calculation of a bond that is systematically retired throughout its life. This yield replaces the stated final maturity with the average life mat[阅读全文:]
摘要:
The income return on an investment. This refers to the interest or dividends received from a security and is usually expressed annually as a percentage bas[阅读全文:]
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The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in some collateralized mortgage obligations (CMO)[阅读全文:]
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A special type of bond class in a sequential pay collateralized mortgage obligation. This class of bond does not receive any interest or principal payments[阅读全文:]
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The supposition that scheduled principal and interest will be paid off with no installments. This is typically done as a means of providing a benchmark [阅读全文:]
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The yield on a fixed-income security when the average maturity is substituted for the maturity date of the issue. It is particularly useful when a bond [阅读全文:]
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The yield of a bond or note if you were to buy and hold the security until the call date. This yield is valid only if the security is called prior to matur[阅读全文:]
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The rate of return anticipated on a bond if it is held until the maturity date. YTM is considered a long-term bond yield expressed as an annual rate. The c[阅读全文:]
摘要:
The lowest potential yield that can be received on a bond without the issuer actually defaulting. The yield to worst is calculated by making worst-case sce[阅读全文:]