discount bond
21bond discount — The difference by which a bond s market price is lower than its face value. The antithesis of a bond premium, which prevails when the market price of a bond is higher than its face value. Bloomberg Financial Dictionary See: original issue… …
22bond premium — See: bond discount * * * bond premium bond premium ➔ premium1 * * * bond premium UK US noun [C] FINANCE ► the difference between the value of a bond at a particular time and its lower value when it is paid back on the agreed date → Compare BOND… …
23bond — Synonyms and related words: Fannie Mae, Federal Agency bond, Ginnie Mae, Oregon boat, Series E bond, Series H bond, accident insurance, accord, accouple, accumulate, actuary, addition, adherence, adhesion, adhesive, adjunct, adjustment bond,… …
24bond — An IOU issued by a borrower to a lender. Bonds usually take the form of fixed interest security issued by governments, local authorities, or companies. However, bonds come in many forms: with fixed or variable rates of interest, redeemable or… …
25Bond Equivalent Yield - BEY — A calculation for restating semi annual, quarterly, or monthly discount bond or note yields into an annual yield. For a fixed income security with a par value of $1000, the calculation is as follows: The BEY allows fixed income securities whose… …
26bond — An IOU issued by a borrower to a lender. Bonds usually take the form of fixed interest securities issued by governments, local authorities, or companies. However, bonds come in many forms: with fixed or variable rates of interest, redeemable or… …
27Bond valuation — is the process of determining the fair price of a bond. As with any security or capital investment, the fair value of a bond is the present value of the stream of cash flows it is expected to generate. Hence, the price or value of a bond is… …
28Discount Yield — is a measure of a bond s percentage return. Discount yield is most frequently used to calculate the yield on short term bonds and treasury bills sold at a discount. This yield calculation uses a 30 day month and 360 day year to simplify… …
29Bond equivalent yield — Bond yield calculated on an annual percentage rate method. Differs from annual effective yield. The New York Times Financial Glossary * * * A calculation that converts the yield of a money market instrument, such as a Treasury bill, into the… …
30Bond duration closed-form formula — Bond duration closed form formula:Dur=frac{Cfrac{(1+ai)(1+i)^m (1+i) (m 1+a)i}{i^2(1+i)^{(m 1+a)+frac{100(m 1+a)}{(1+i)^{(m 1+a)}{P}C = coupon payment per period (half year) i = discount rate per period (half year) a = fraction of a period… …
