The portion of return that is not attributed to systematic influences and conditions. Instead, abnormal returns are typically the result…
A negotiable instrument that is payable to bearer or to “cash”, rather than to an identifiable payee. The bearer is…
The tranche of a CDO (collateralized debt obligation) that has its own risk characteristics and loss-absorption priority (seniority). There are...
A floater (floating rate note, FRN) that is not callable (as opposed to a callable floater). In other words, it...
A floater (floating rate note, FRN) that is not callable (as opposed to a callable floater). In other words, it...
A floater (floating rate note, FRN) that is not callable (as opposed to a callable floater). In other words, it...
A concept popular in the fixed-income space that focuses on assessing the expected return from holding (carrying) a fixed-income instrument,...
The return from a bond that reflects the increased total yield of the bond resulting from buying or selling it...
The return from a bond that reflects the increased total yield of the bond resulting from buying or selling it...
The return from a bond that reflects the increased total yield of the bond resulting from buying or selling it...
