rate securities
81Treasury inflation-indexed securities — ( TIIS) Refers to a broad range of U.S. Treasury securities that are inflation indexed. The most popular are the TIPS. The index for measuring the inflation rate is the non seasonally adjusted U.S. City Average All Items consumer price index for… …
82Call Money Rate — The interest rate on a type of short term loan that banks give to brokers who in turn lend the money to investors to fund margin accounts. For both brokers and investors, this type of loan does not have a set repayment schedule and must be repaid …
83Conditional Prepayment Rate - CPR — A loan prepayment rate that is equal to the proportion of the principal of a pool of loans that is assumed to be paid off prematurely in each period. The calculation of this estimate is based on a number of factors such as historical prepayment… …
84Continuously Offered Longer-Term Securities - COLTS — A type of bond that s been sold by the World Bank since 1989 in order to finance its operations. The bonds range in length from three to 30 years and can be fixed rate, variable rate or zero coupon. The World Bank provides financial assistance to …
85pass-through rate — The net amount of interest paid to investors owning mortgage backed securities after all servicing and guarantee fees are deducted. American Banker Glossary The net interest rate passed through to investors after deducting servicing, management,… …
86current production rate — The highest interest rate permissible on current Government National Mortgage Association, mortgage backed securities. Bloomberg Financial Dictionary …
87Reverse convertible securities — Reverse convertible security or reverse convertible is a short term note linked to an underlying stock. The security offers steady stream of income due to the payment of a high coupon rate. At maturity, the investor will receive either 100% of… …
88International Securities Exchange - ISE — An electronic options exchange that was launched in 2000. The exchange provides investors with greater liquidity and the ability to execute transactions at a much faster rate than the open cry trading floor that has historically been the basis… …
89Treasury Inflation Protected Securities - TIPS — A treasury security that is indexed to inflation in order to protect investors from the negative effects of inflation. TIPS are considered an extremely low risk investment since they are backed by the U.S. government and since their par value… …
90Theoretical spot rate curve — A curve derived from theoretical considerations as applied to the yields of actually traded Treasury debt securities because there are no zero coupon Treasury debt issues with a maturity greater than one year. Like the yield curve, this is a… …
