A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer...

A bond that is issued for the sake of refinancing an existing bond issue before maturity. The proceeds from the...

A credit (in the form of loans, bonds, etc) that fills in the cusp between an investment-grade credit and a...

Interest is considered accrued when it is added to the balance on the account, which accrues on loans such as...

A financial institution that is set up by a government to absorb toxic assets (bad loans and nonperforming loans) owned by state-guaranteed banks...