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Repo Collateral

The collateral (securities collateralized) that is posted by a borrower against the repo loan in the repo market. Repo collateral...

Laddering

An investment technique whereby investors (or portfolio managers) purchase multiple financial instruments/ products with different maturity dates ordered in a...

Risk-Negative

A type or situation of risk sentiment where investors seek the safety of riskless assets and investments. In a risk-negative...

Right-Way-Around Swap

A cross-currency swap in which the bank sponsor/ arranger pays a hard currency (like dollar, euro, etc) and receives a...

Required Margin

The margin (spread) that is demanded by the market on a debt instrument (such as a bond, floater, etc). For...

Risk-Off

A type or situation of risk sentiment where investors seek the safety of riskless assets and investments. In a risk-off...

Rental Rate

The average annualized composite rate for treasury bonds (United States) that are issued for periods of ten years and longer...

Duet Bond

A dual currency bond whose interest payment and principal repayment (redemption amount) depend on the exchange rate between two currencies...

AD Bond

It stands for accretion-directed bond; a collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an...

Accretion-Directed Bond

A collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an accrual bond or a Z-bond....