In the US, an interest rate swap in which the floating rate leg is referenced to the Cost of Funds…

The largest change a futures contract can have in a single trading session before a trading halt is triggered. The…

A tranche that is created from the collateral tranche (in a CMO structure), and whose coupon rate is inversely related...

The expected future values of the Bond Market Association (BMA) index, where expectations are taken in the corresponding forward probability...

A preferred stock whose dividend is readjusted at specified periods based, for example, on the maximum of a set of...

A type of floating-rate preferred stock whose dividend payments are determined at periodic auctions carried out by the issuer rather...

A type of floating-rate preferred stock whose dividend payments are determined at periodic auctions carried out by the issuer rather...

The reference rate which is used to calculate the premium that a bond buyer will pay. Adding a spread to...