The weighted average cost of capital (WACC) or the average rate of return that is required by all of a...

A standard, two-party repo (classic repo) where the party receiving cash (borrower) delivers securities to the cash provider (lender). In...

A fixed-income security (usually a bond) that has no early redemption features (callability or embedded call option). Bullet securities (bullets)...

A tool that measures the average length of time the holder of a bond has to wait before receiving cash...

An abbreviated form for bond ex-dividend; the interval between the announcement of a coupon and the payment date. If a...

A three-party negotiable instrument which represents an unconditional, written order issued by a natural or legal person (the drawer) instructing...

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...

A fixed-income security (usually a bond) that has no early redemption features (callability or embedded call option). Bullets (bullet securities)...

A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...

A floater (floating-rate note) in which the coupon moves inversely to the movement of the reference rate. That is, if...