Tag: maturity
Yield Burning
DefinitionYield burning is a form of financial fraud involving the United States municipal bond market. Yield Burning What is 'Yield Burning' The...
On-The-Run Treasuries
What are 'On-The-Run Treasuries' On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. "On-the-run" Treasuries...
Off-The-Run Treasuries
What are 'Off-The-Run Treasuries' Off-the-run treasuries are all Treasury bonds and notes issued before the most recently issued bond or note of...
Off-The-Run Treasury Yield Curve
What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
Maintenance Bond
What is a maintenance bond
A maintenance bond is a type of surety bond that is often required by municipalities in order to guarantee that...
Mandatory Redemption Schedule
What is 'Mandatory Redemption Schedule' Specified dates when a bond issuer is required to redeem all or a portion of the outstanding...
Rate Anticipation Swap
What is 'Rate Anticipation Swap' A type of swap in which bonds are exchanged according to their current duration and predicted interest...
Back Up
What is a back up and what does it mean for the securities market
A back up is a slang term for the movement in...
Backwardation
DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...
Canada Premium Bond (CPB)
What is 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...