A bond that trades in the market at its par value (face value). In other words, parity implies that the...
The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...
The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...
The change in the value of credit default swap (CDS) in reaction to a one basis point increase in the underlying spread, or underlying...