zero-coupon
91Bond convexity — In finance, convexity is a measure of the sensitivity of the duration of a bond to changes in interest rates, the second derivative of the price of the bond with respect to interest rates (duration is the first derivative). In general, the higher …
92Compound Accreted Value - CAV — A measure of the theoretical value of a zero coupon bond at any given point in time. Because there are no interest payments like there are with traditional bonds, the interest of a zero coupon bond accrues until… …
93Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
94Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… …
95Day count convention — In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium term notes, swaps, and forward rate agreements (FRAs). This determines the amount… …
96Bond 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… …
97Duration — La duration d un instrument financier à taux fixe, comme une obligation, est la durée de vie moyenne de ses flux financiers pondérée par leur valeur actualisée. Toutes choses étant égales d ailleurs, plus la duration est élevée, plus le risque… …
98Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …
99Corporate bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal …
100Treasury security — Treasury securities are government bonds issued by the United States Department of the Treasury through the Bureau of the Public Debt. They are the debt financing instruments of the U.S. Federal government, and they are often referred to simply… …
