The risk that arises from inability of a hedger/ portfolio manager to hedge against a change in the shape of...
The risk that arises from inability of a hedger/ portfolio manager to hedge against a change in the shape of...
Generally, it is the risk that arises from changes in interest rate which impact the value of interest-bearing securities/ investments...
An interest payment on a bond that is more or less than interest payment of typical six months. This is...
An interest payment on a bond that is more or less than interest payment of typical six months. This is...
An abbreviated form of cum dividend; a stock trades cum dividend (with or including dividend) when buyers qualify to receive...
A stock trades cum dividend (with or including dividend) when buyers qualify to receive the next dividend payment. The cum-dividend...
In relation to fixed interest bearing securities (bonds, notes, debentures, etc), cum interest includes, in addition to the cost or...
A term synonym with add-on yield; in general, it refers to interest that is paid at the maturity date of...
With respect to a convertible bond, it is the change in the bond price resulted from a single basis point increase in the credit spread. In...