Also discount bond. By definition it is a bond that accrues interest over its life. Accrued interest is only payable...

A bond that is denominated in U.S. dollars but sold mainly in and through Hong Kong and Singapore financial markets....

A bond swap that involves swapping a short maturity bond with a longer maturity bond. This swap helps investors to...

An act by which an amount of money is used after it has been made available for a particular purpose....

The all-inclusive price of a bond. That is, the market price of a bond or a similar fixed-income security in...

A floating-rate note (FRN) which has a rate trigger allowing the interest to convert to a specified fixed rate for...

A letter of credit that represents a guarantee by an issuing bank rather than a source for payment. A bank...

A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has...

A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has...

A range note that pays an increased floating range coupon if the floating rate (e.g., LIBOR) fixes within a prespecified...