Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...

Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...

Trading a debt security like a bond/ note at a price exceeding its par value (face value). Face value/ par...

Trading a debt security like a bond/ note at a price exceeding its par value (face value). Face value/ par...

It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...

A type of bond class that has a schedule for repayment of principal which is protected against contraction risk for...

Planned amortization class bond; a tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular...

A phenomenon that arises when a planned amortization class (PAC) schedule is not met even if prepayments on the collateral...

The value of the “straight” fixed income element of the convertible alone, without consideration to the value of the convertible’s...

It stands for non-sticky jump bond; a collateralized mortgage obligation that may change priority to receive principal if certain conditions...