Another term for modified duration; a tool that is used to measure the change in the value of a financial...

A bond which is typically issued with a special provision allowing the initial interest to be reset on specified dates so that...

A debt security that represents an amount of money owed by the bond issuer to a bondholder. The issuer is...

A peso-denominated bond that is issued by the Mexican government and whose coupons and principal are indexed to the U.S dollar at...

Commonly, it is the additional amount (spread) that the issuer of a debt instrument (such a bond or a floater)...

A bond in which a percentage of coupon payments is converted into capital (principal). In other words, the capital amount outstanding is increased over...

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

A duration measure that is derived from multiplying a bond's modified duration by the bond price. It is the price change for a 100 basis points change in yield....

A convexity measure that captures the the approximate change in a bond's dollar price that is not explained by duration. Dollar convexity= convexity ×...

A CPI-linked swap where counterparties exchange a floating nominal rate like LIBOR on an annual basis against an inflation-indexed bond...