An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

A description of an asset implying it can be converted immediately to cash or cash equivalent money, although it is...

The yield spread between non-Treasury securities and Treasury securities, all having identical features in exception of credit rating. Both are...

The compounding of interest earned or paid on an interest-bearing instrument (e.g., bond, deposit, etc), or generally any type of...

The rate that is used in a reverse repo transaction. It is rate at which the central bank borrows money...

A repurchase agreement (repo) in which a non-bank counterparty borrows cash from the bank counterparty. It is reverse to the...

With respect to convertible bonds (and also convertible preferred stocks), it is the number of shares of common stock in...

With respect to convertible bonds (and also convertible preferred stocks), it is the number of shares of common stock in...

The leverage which an individual investor can obtain by borrowing and lending on the same terms as firms. To do...