A type of treasury security that constitutes a long-term debt obligation in the form of a uniform security (fixed income...

A type of treasury security that constitutes a long-term debt obligation in the form of a uniform security (fixed income...

A repo rate that communicates the market participants’ economic expectations. Put another way, it is a forward rate that reflects…

A structuring technique which involves the purchase of ordinary bonds (usually, U.S. Treasury bonds) and the repackaging thereof in a…

A bond futures option, usually traded on the CBOT, which gives the holder the right to enter a futures contract…

A futures contract in which the underlying is a treasury bond. This contract is mainly used by investors seeking to…

A trade that involves treasury bonds in an attempt to skim the spread between newly issued on-the-run treasury bonds and...

A bond that is associated with no risk (credit risk, default risk) over its term or time to maturity. In...

A bond that is associated with no risk (credit risk, default risk) over its term or time to maturity. In...

A bizarre swap transaction (a proprietary leveraged rate swap) that was entered into between Bankers Trust (BT) and Procter &...