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Cum Interest

In relation to fixed interest bearing securities (bonds, notes, debentures, etc), cum interest includes, in addition to the cost or...

Add-on Interest

A term synonym with add-on yield; in general, it refers to interest that is paid at the maturity date of...

Add-on Yield

In general, it refers to interest that is paid at the maturity date of a loan when the borrower repays the lender...

Accrued Interest

The interest which is earned by the holder of a debt instrument or interest rate derivative but not yet paid. In bonds, it is...

Invoice Price

The stated price (flat price) of a bond in a quote sheet plus accrued interest. In other words, it represents the present value...

Implied Price TED

The difference between a hypothetical note's yield and the Treasury note's actual yield. The hypothetical note's yield is the full price...