zero-coupon convertible security
31Nominal yield — or coupon yield is the coupon rate of a fixed income security, which is a fixed percentage of the par value. Unlike current yield, it does not vary with the market price of the security. v …
32bond — payment by a tenant to a landlord before the tenant takes over the premises and from which the landlord may be able to deduct arrears of rent or the cost of rectifying damage. Glossary of Business Terms (1) A debt security. Sometimes used only in …
33Credit-linked note — A credit linked note (CLN) is a form of funded credit derivative. It is structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay …
34Bond market — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal …
35Clean price — In finance, the clean price is the price of a bond excluding any interest that has accrued since issue or the most recent coupon payment. This is to be compared with the dirty price, which is the price of a bond including the accrued interest.… …
36Mortgage yield — In finance, mortgage yield is a measure of yield of mortgage backed bonds. It is also known as cash flow yield. The mortgage yield, or cash flow yield, of a mortgage backed bond is the discount rate at which net present value of all future cash… …
37Option-adjusted spread — (OAS) is the flat spread which has to be added to the treasury yield curve in a pricing model (that accounts for embedded options) to discount a security payment to match its market price. OAS is hence model dependent. This concept can be applied …
38Par value — Par value, in finance and accounting, means stated value or face value. From this comes the expressions at par (at the par value), over par (over par value) and under par (under par value). The term par value has several meanings depending on… …
39Moody's AAA Bond — Moody s Aaa Corporate Bond, also known as Moody s Aaa for short is an investment bond that acts as an index of the performance of all bonds given an Aaa rating by Moody s Investment Firm. This corporate bond is often used in macroeconomics as an… …
40Credit spread (bond) — Finance Financial markets Bond market …
