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A type of bond that's been sold by the World Bank since 1989 in order to finance its operations. The bo[阅读全文:]
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The risk of a security shortening in duration due to the acceleration of prepayments.
|||This risk is mainly due to lowering interest rates. [阅读全文:]
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A type of synthetic collateralized debt instrument that is backed by a debt security index, such as an iTraxx index. CPDOs were first created by ABN AMRO i[阅读全文:]
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An annualized rate of default on a group of mortgages, typically within a collateralized product such as a mortgage-backed security (MBS). The constant def[阅读全文:]
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Used by the Federal Reserve Board to quote the yields on various treasury securities, adjusted to an equivalent maturity.
|||By providing the[阅读全文:]
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A type of debenture in which the whole value of the debenture must be converted into equity by a specified time. The compulsory convertible debenture's ra[阅读全文:]
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A provision that requires the issuer of a callable bond to replace the bond with a non-callable bond of similar maturity and interest rate in the case that[阅读全文:]
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A loan prepayment rate that is equal to the proportion of the principal of a pool of loans that is assumed to be paid off prematurely in each period. The c[阅读全文:]
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A financing arrangement involving a government or other qualified agency using its name in an issuance of fixed income securities for a non-profit organiza[阅读全文:]
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A mortgage that is equal to or less than the dollar amount established by the conforming loan limit set by Fannie Mae and Freddie Mac's Federal regulator,[阅读全文:]