The single discount rate which, when applied to all cash flows including principal repayment, give a bond price equal to...

The return which is realized during the period a bond is held (therefore, it is a holding period return). If...

A second-order sensitivity; it is a tool that measures of the sensitivity of a bond or portfolio’s duration to a...

In relation to bonds, it is the risk (a type of interest rate risk) that the reinvestment rate will drop...

A bond duration that expresses the bond yield with a compounding frequency of a specific number of time per year,...

The yield on a discount bond that is computed in the same way the yield on a coupon bond is...

The yield on a discount bond that is computed in the same way the yield on a coupon bond is...

A note that pays interest only if the floating interest rate (such as LIBOR) stays within a prespecified range. This...

A derivative contract that allows a market participant to enter into an interest rate swap (IRS) at a preset spread...

In relation to bonds, forward rate denotes the future yield on a bond (e.g., T-bond, T-note or T-bill). Simply put,...