An asset whose future performance is certain (in terms of a guaranteed return). A safe asset/ riskless asset does not...

A certificate that tracks the performance of equity baskets or indices. The performance of underlying assets is complied and calculated...

A commitment by a company to buy back its stock should its price drop below a specific level. Effectively, repurchasing…

A loan, or portfolio of loans which are pooled and re-structured, to serve as collateral for issuance of securities. The...

A type of SOFR (secured overnight financing rate) that calculate the compounded average of SOFR over a specific (usually customized)...

A type of SOFR (secured overnight financing rate) that represents an average of the daily overnight SOFR rate over 30-,...

A type of daily simple SOFR (simple daily SOFR) that represents the simple (not compounded) rate accruing during the interest...

A synonym for fungible issue; a debt issue that is attached to an existing issue (a parent bond), with the...

A bond (broadly fixed-income securities) that is issued by a government to borrow money from the public in order to...

A swap that entails payment of a fixed-rate on an annual, Act/360 basis by one counterparty against payment (by the...