A type of mandatory convertible preferred (specifically a synthetic PERCS issue) which is typically issued at a zero premium and...
It stands for yield enhanced note; a type of mandatory convertible preferred which is typically issued at a zero premium...
The yield which is calculated using the point at which half of the bonds (known as sinking fund bonds) in...
A bond swap that involves swapping a relatively high-price bond with a relatively low-price bond (otherwise, the two bonds are...
A measure of interest rate risk that calculates the change in yield (of a fixed-income security) in response to a...
A non-principal protected product; its gives its holder an enhanced capped or fixed coupon (yield) against giving up potential upside...
It stands for yield-to-average life; the yield which is calculated using the point at which half of the bonds (known...
It stands for yield to call; the return on a callable bond which is likely to be redeemed at a...
The return on a callable bond which is likely to be redeemed at a call price before it reaches maturity....
The risk that arises from inability of a hedger/ portfolio manager to hedge against a change in the shape of...
