A U.S. Treasury debt obligation that has a maturity of 30 years. The 30-year Treasury used to be the bellwether U.S. bond but now most consider the 10-year…

Самый высокий рейтинг по облигациям данного учреждений по рейтингу облигаций. Облигации AAA, как полагают, не имеют практически никакого риска дефолта…

A term used to describe the price of a security when it is trading above its face value. A security usually trades at above par when its income distributions…

A rule that stipulates the order of payment - creditors before shareholders - in the event of liquidation. The absolute priority rule is used in bankruptcies…

A clause included in certain debt securities and swap agreements stating that the immediate collection of payment and termination of contract will take…

A type of option that a company can buy that gives it the right to increase its line of credit or similar type of liability with a lender. Companies typically…

The value, at any given time, of a multi-year instrument that accrues interest but does not pay that interest until maturity. The most well-known applications…

1. Asset growth through addition or expansion. 2. In reference to discount bonds, it describes the accumulation of value until maturity. 1. Accretion…

The increase in the value of a discounted instrument as time passes and it approaches maturity. The value of the instrument will accrete (grow) at the…

The process of accretion, which is the growth or increase by gradual addition, in finance and general nomenclature. An acquisition is considered accretive…

A bond that does not pay periodic interest payments. Instead, interest is added to the principal balance of the bond and is either paid at maturity or…

The rate of interest that is added to the principal of a financial instrument between cash payments of that interest. For example, a six-month bond with…

1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, but not yet paid or received…

The gain in the value of a discount bond expected from holding it for any duration until its maturity. As discount bonds are sold below face value, it…

A bond issued at an original issue discount (OID). This means that the interest accumulates but is not paid until maturity; there are no semi-annual coupon…

A bond issued by an insurance company, linking principal and interest to the company's losses due to natural disasters. Such bonds create flexibility…

A term used to describe fixed-income securities that trade frequently on the floor of the NYSE.These are typically corporate debt instruments and convertible…

The name given to members of the NYSE and their specific bond trading departments that are acknowledged as frequent traders in active bonds. The active…

A hypothesis stating that individuals make investment decisions based on the direction of recent historical data, such as past inflation rates, and adjust…

A certificate of deposit that allows the bearer to deposit additional funds, after the initial purchase date, that will bear the same rate of interest…

Issued by a corporation during a restructuring phase, an adjustment bond is given to the bondholders of an outstanding bond issue prior to the restructuring…

1. A bond issuance used to pay off another outstanding bond. The new bond will often be issued at a lower rate than the older outstanding bond. 2. A bond…

A provision included in legal contracts ensuring that subsequent acquisitions of assets will be included in the debtors liability to the lender. This…

A bond issued by a government agency. These bonds are not fully guaranteed in the same way as U.S. Treasury and municipal bonds. These bonds do not include…

Debt issued by a Federal Agency or a government-sponsored enterprise (GSE) for financing purposes. These types of debentures are not backed by collateral…

Low risk debt obligations issued by enterprises that the U.S. Government sponsors. Agency securities are similar to U.S. Treasury Bills in that they…

A sheet of paper attached to a bill of exchange for the purpose of documenting endorsements. The need for an allonge arises as a result of a lack of space…

A bond that can be redeemed by the issuer at any time prior to its maturity. Usually a premium is paid to the bondholder when the bond is called. The…

The first municipal bond insurance company, formed in 1971 as a subsidiary of MGIC Investment Corp. of Milwaukee; now more commonly known as Ambac Financial…

A class of debt security in which a portion of the underlying principal amount is paid in addition to periodic interest payments to the security's holder…

A slang phrase used when quoting the price of a fixed-income instrument with accruing interest. When revealing the sale price of a bond, a broker or salesman…

A slang term for investment-grade bonds which pay a lower interest rate, due to the higher credit rating of the issuing company. Angel bonds are the opposite…

1. The date at which a company will announce the details regarding an issue of debt or equity. The announcement date is the first day the public will…

A lower-rate debt security issued by a municipality prior to the call date of the municipality's existing higher-rate security. Proceeds from the issuance…

An amount on a loan, cumulative preferred stock or any credit instrument that is overdue.Also referred to as "arrears". In the case of a preferred dividend…

A type of bond fund launched by the Executives' Meeting of East Asia and Pacific Central Banks (EMEAP) group that allows its members to invest in bonds…

An option on a convertible bond that is used to separate a convertible bond into its two components: 1) a bond and 2) an option to acquire stock. When…

A short-term investment vehicle with a maturity that is typically between 90 and 180 days. The security itself is typically issued by a bank or other financial…

A financial security backed by a loan, lease or receivables against assets other than real estate and mortgage-backed securities. For investors, asset-backed…

A transaction used primarily in the mortgage-backed securities (MBS) to be announced (TBA) market, where the obligation to fulfill an existing forward…

A professional association of bond dealers. The members consist of over 350 various financial conglomerates and institutions that actively trade bonds…

A term that refers to a bond, preferred stock or other debt obligation that is trading at its face value. The term "at par" is most commonly used with…

The interest rate that will be paid on a specific security as determined by the Dutch auction process. The auctions take place at periodic intervals…

A debt security that is sold through a dutch auction. The auction rate security (ARS) is sold at an interest rate that will clear the market at the lowest…

A zero-coupon bond with a return linked to the Australian all-ordinaries stock index. The bond has a four-year maturity and is repayable at face value…

A debt security issued by an authority, such as a corporate or government agency, for purposes of financing the operations of a revenue-generating public…

The electronic system on the NYSE that records bids and offers for inactively traded bonds until they are canceled or executed.Because the bid and ask…

The average yield on an investment or a portfolio that results from adding all interest, dividends or other income generated from the investment, divided…

For a single bond, it is a measure of maturity that takes into account the possibility that a bond might be called back to the issuer.For a portfolio…

An estimate of the number of terms to maturity, taking the possibility of early payments into account. Average life is calculated using the weighted average…