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...d''' is a [[finance|financial]] term used in reference to [[bond (finance)|bond]]s and other [[securities|fixed-interest securities]]. It is closely relate ...price'' is the [[clean price]] of the bond (i.e. [[present value]] of the bond with [[accrued interest]] subtracted). ...

...to buy an asset in the [[spot market]] and delivering it in the [[futures market]] where the notional is used to repay the loan. ...ainst a futures contract, implied repo rate is computed for each bond; the bond with the highest repo rate is the cheapest. It is the cheapest because it h ...

...xpected returns for a [[stock]], stock [[Stock market index|index]] or the market as whole. ...model]], which compares the earnings yield to the nominal 10-year Treasury bond yield. ...

...ing the chronology of the cash flows into line with that of the underlying bond. ...st%20Rates/ASSET_SWAP.pdf |archive-date=2015-10-10 }}</ref> The asset swap market is [[over-the-counter (finance)|over-the-counter]] (OTC), i.e., not traded ...

...l), the amount, a currency, and the volume (<math>\hbox{amount}\times\hbox{market price}</math> in given currency). ...ote (RFQ) system |url=https://www.emissions-euets.com/internal-electricity-market-glossary/1132-request-for-quote-system |website=www.emissions-euets.com |ac ...

...d]] on a [[Fixed-income security|fixed income security]] assuming that its market price is equal to par value (also known as [[face value]] or nominal value) ...Par yield analysis is useful because it avoids the coupon effect, since a bond trading at par has a coupon yield equal to its yield to maturity, according ...

...substitutes and suggests that the shape of the [[yield curve]] depends on market participants' expectations of future interest rates. These expected rates, ...ath> is a [[filtration (probability theory)|filtration]] which defines the market at time <math>t</math>.<ref name=Gourieroux>{{cite book|last1=Gourieroux|fi ...

...ert C. Merton]] and [[Paul A. Samuelson]], as extensions to the one-period market models of [[Harold Markowitz]] and [[William F. Sharpe]], and are concerned ...is that asset prices have no jumps, that is there are no surprises in the market. This last assumption is removed in [[jump diffusion]] models. ...

...s used to explain trends in capital structure, [[valuation (finance)|stock market valuation]], [[dividend decision|dividend policy]], the [[monetary transmis ...the current market price P and finance this by issuing one extra corporate bond with face value P or do the reverse. In mathematical terms these substituti ...

...to the class of no-arbitrage models, i.e. it can fit today's [[zero-coupon bond]] prices, and in its most general form, today's prices for a set of caps, f ...ion]] for the short rate and therefore the [[expected value]] of the money-market account is infinite for any maturity. ...

...affine class of term structure models implies the convenient form that log bond prices are linear functions of the spot rate<ref>{{Cite journal|last1=Duffi ...measure|risk-neutral probability measure]] <math>\mathbb{Q}</math>. If the bond's price has the form: ...

...most significant of these is [[bond convexity]], the second derivative of bond price with respect to interest rates. ...ad]] (OAS) analysis for [[mortgage-backed securities]] or other [[callable bond]]s ...

...does not assume the existence of a riskless asset (such as a [[zero-coupon bond]]) or any kind of [[interest rate]]. The model does not require an equivale  {{Derivatives market |autocollapse}} ...

In other words, CVA is the [[market value]] of [[Counterparty risk|counterparty credit risk]]. ...on counterparty [[Credit spread (bond)|credit spread]]s as well as on the market risk factors that drive derivatives' values and, therefore, exposure. ...

...ct; timings of scheduled payments. A ZCS takes its name from a zero coupon bond which has no interim coupon payments and only a single payment at maturity. ...each fixed leg and floating leg separately and summing. For pricing a mid-market ZCS the underlying principle is that the two legs must have the same value ...

...nopoly faces no [[Competition (economics)|competition]], it has absolute [[market power]] and can set a price above the firm's [[marginal cost]].<ref name="I ...s establish the entire industry's [[supply (economics)|supply]] within the market, and the monopoly's production and sales decisions can establish a single p ...

...ome currency-denominated bank [[loans]] and international [[Bond (finance)|bond]] debt), they showed that original sin was present in most of the [[develop ...for the original sin problem by claiming that the main problem of emerging market economies is to learn how to borrow ''less'' ([[Debt Intolerance|debt intol ...

...almost surely under the natural borrowing limit, even under the incomplete market assumption. Hence, depending on the type of borrowing limits imposed on the ...}</math> which pays a [[risk-free interest rate]] <math>r</math> (Negative bond holding implies borrowing). The agent's problem is to solve : ...

{{distinguish|Perpetual bond}} ...their profits to cover the losses of the other side during periods of high market [[Volatility (finance)|volatility]], as well as insurance funds, pools of a ...

:*is in a market that is experiencing significant negative economic change. ...nvestment in Company A bonds with a carrying amount of $37,500. If their [[market value]] falls to $33,000, an impairment loss of $4,500 is indicated and the ...