A bond that carries a significant amount of default risk and therefore is granted low or very low ratings by...
An interest rate (market benchmark or reference rate) that provides market participants (specifically, borrowers) with a specified interest rate for...
The yield on a stock is its rate of return over a certain period of time. The rate of return...
In relation to the LIBOR cessation plan, it is the credit and liquidity component of LIBOR relative to risk free...
A form of transitional LIBOR that is "synthetically" created in order to account for a significant number of US dollar...
A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...
A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...
A security (financial security) that carries or provides interest payment at a fixed rate. The coupon rate of a fixed...
The interest rate that banks incur and pay to borrow funds from other banks in the money market overnight (interbank...
A bond that is both senior (senior bond) and unsecured. A senior bond takes priority over other classes of debt...