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Constant Maturity Swap Rate

The swap rate for a relevant maturity on the assumption of a generic structure for the underlying swap transaction. In...

Gross Profit Margin Rate

A financial ratio that relates gross profit margin to the volume of sales: Like margin ratios, in general, this ratio...

Recovery Rate

For a bond (or generally any type of debt), it is its market value a few days after a default,...

CD Rate

The interest rate on a certificate of deposit (CD). It is the rate paid by a bank to depositors for...

Benchmark Rate

In the realm of banking, it refers to the interest rate used as a benchmark lending rate. Many banks use...

London Interbank Offered Rate

The interest rate at which banks borrow funds from each other, in marketable size, in the London interbank market. This...

LIBOR

It stands for the London Interbank Offered Rate, i.e., the interest rate at which banks borrow funds from each other,...

Spreadlock Rate

The swap spread that is fixed using a spreadlock and then added to the prevailing benchmark Treasury bond yield to...

Periodic Rate

The interest rate that results from converting the stated annual interest rate to a rate associated with a partial period....

Zero Rate

A zero-coupon interest rate is the rate of interest earned on an investment that is made over a given period...