An asset that ranks top amongst other assets held by a financial institution in terms of quality and convertibility to...

A type of arbitrage that involves attempting to profit from specific deviations from interest rate parity by entering into a...

The theoretical value of a warrant consists of two components: intrinsic value (formula value) and time value: Warrant value =...

Also, zero-coupon bond; a bond that accrues interest over its life. Accrued interest is only payable at the maturity date...

A bond that accrues interest over its life. Accrued interest is only payable at the maturity date of the bond....

It stands for yield-to-maturity; the percentage annual rate of return (discounted) which is paid on a fixed-income security (such as...

The percentage annual rate of return (discounted) which is paid on a fixed-income security (such as a bond, note, gilt,...

A mix of funding that involves both a direct repo and a triparty repo. This situation arises when the holder...

The rent amount that can be captured by reinvesting the repo loan funds at the higher general collateral repo rate....

The state in which a repo rate it is below the general collateral rate (GC rate). The difference between the...