The period in which many existing debt arrangements come due or approach maturity. For example, loans, bonds, and leveraged buyout...

The duration of a credit default swap (CDS) is the time over which the swap remains in effect, where the two...

The relative difference in yield to maturity (YTM) between two bonds (bond issues) or two classes of bonds with similar maturities. It is the ratio of the yield...

A type of transformation whereby a bank or any similar institutions takes advantage of the upward slope of the yield...