Tag: bonds
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is...
Yankee Certificate Of Deposit
What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
Z-Bond
What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...
Baby Bills
What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...
J Curve
What is 'J Curve' A theory stating that a country's trade deficit will worsen initially after the depreciation of its currency because...
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...
XD
What is 'XD' A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as...
Obligation
What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...