A type of convertible that has no current yield because it pays no coupon. However, the bond has a positive…

The return which is realized during the period a bond is held (therefore, it is a holding period return). If...

A convertible which is embedded with a par-strike put option prior to final maturity. In other words, the holder has...

A measure of interest rate risk that calculates the change in yield (of a fixed-income security) in response to a...

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

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 price that investors pay, or are willing to pay, for a bond. Intrinsically, bond prices are linked to the...

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...