spread of interest rates
31intramarket sector spread — The spread between two issues of the same maturity within a market sector. For instance, the difference in interest rates offered for five year industrial corporate bonds and five year utility corporate bonds. Bloomberg Financial Dictionary …
32Conversion Spread — The selling of a call option(s) and the buying of put options with the same expiry date and strike price. The result is a risk free increase in short term interest rates with a reduced equity exposure. The costs of this sort of transaction are… …
33Yield spread premium — The yield spread premium (YSP) is the cash rebate paid to a mortgage broker based on selling an interest rate above the wholesale par rate that the borrower qualifies for. For example, If a mortgage broker offers a borrower a loan of $100,000 at… …
34Z-spread — The Z spread (or ZSPRD) of a bond is the number of basis points one needs to apply to a series of zero rates such that the present value of the bond, accounting for accrued interest, equals the sum of all future cashflows discounted using the… …
35option-adjusted spread — ( OAS) (1) A measurement of the return provided to an investor from a financial instrument that is either an option or that includes an option. The option adjusted spread calculations break up a security into separate cash flows. Each of those… …
36Yield curve spread — on a simple mortgage backed security (MBS) is the flat spread over the treasury yield curve required in discounting a pre determined coupon schedule to arrive at its present market price.That is, the MBS yield curve spread is based on a… …
37Static Spread — The constant yield spread which when added to the point on the spot rate Treasury curve where a cash flow from a bond is received will make the price of the bond equal to the present value of its cash flows. In other words, each cash flow is… …
38Yield Spread Premium — A form of compensation that a mortgage broker, acting as the intermediary, receives from the original lender for selling an interest rate to a borrower that is above the lender s par rate for which the borrower qualifies. The yield spread premium …
39yield spread — The difference in yield between different security issues usually securities of different credit quality. Bloomberg Financial Dictionary * * * yield spread yield spread ➔ spread2 * * * yield spread UK US noun [C] ► ( …
40National Interest Electric Transmission Corridor — National corridor redirects here. For National Heritage Corridors, see U.S. National Heritage Area. NIETC corridor designated for the Mid Atlantic Area by the United States Department of Energy in 2007) …
