摘要:
The increase in the value of a discounted instrument as time passes and it approaches maturity. The value of the instrument will accrete (grow) at the[阅读全文:]
摘要:
A bond that does not pay periodic interest payments. Instead, interest is added to the principal balance of the bond and is either paid at maturi[阅读全文:]
摘要:
The rate of interest that is added to the principal of a financial instrument between cash payments of that interest. For example, a six-month bond with in[阅读全文:]
1. The idea that a local government's long-term debt should not exceed 25% of its annual budget. Any debt beyond this threshold is considered excessive[阅读全文:]
摘要:
A U.S. Treasury debt obligation that has a maturity of 30 years. The 30-year Treasury used to be the bellwether U.S. bond but now most consider the 10-year[阅读全文:]