A money-market instrument which constitutes a time draft drawn on and accepted by a bank. A banker’s acceptance (BA) provides…
A financial product that combines two products or more, or that combines a specific number of products with add-on features...
A financial product that combines two products or more, or that combines a specific number of products with add-on features...
A type of credit enhancement that represents the difference between the interest rate received on the underlying collateral (in a...
The index of US government bonds with a 9-month maturity (9-month notes or in general 9-month treasuries). It measures the...
The interest rate which a certificate of deposit (CD) bears. CD rates are fixed for the term of the CD,…
One of the two principal methods of conducting an initial public offering (IPO), in which the underwriting syndicate doesn’t buy…
The index of US government bonds with a 6-month maturity (6-month notes or in general 6-month treasuries). It measures the...
The index of US government bonds with a 3-month maturity (3-month notes or in general 3-month treasuries). It measures the...
A form of credit enhancement in which a cash reserve is set up, in connection with a debt issue, from...