摘要:
The interest rate on a taxable security that would render a return equivalent to that of a tax-exempt security, and vice versa, calculated as follows:
<[阅读全文:]
摘要:
A prepayment premium that allows investors to attain the same yield as if the borrower made all scheduled mortgage payments until maturity.
|[阅读全文:]
摘要:
A gain in yield achieved by selling one bond and buying another with a higher yield.
|||Usually, this is simply called "pickup". If the bond ratin[阅读全文:]
摘要:
The difference between yields on differing debt instruments, calculated by deducting the yield of one instrument from another. The higher the yield spread,[阅读全文:]
摘要:
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:]
摘要:
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:]
摘要:
A method of quoting the price of a fixed-income security as a yield percentage, rather than in dollars. This allows bonds with varying characteristics to b[阅读全文:]
摘要:
The illegal practice of underwriters marking up the prices on bonds for the purpose of reducing the yield on the bond. This practice, referred to as "burn[阅读全文:]
摘要:
The risk of experiencing an adverse shift in market interest rates associated with investing in a fixed income instrument. The risk is associated with eith[阅读全文:]
摘要:
A well known bond investment manager who is one of America's 400 richest people as of 2009. William Gross is the founder of Pacific Investment Management [阅读全文:]