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fixed income security is a financial obligation of an entity which promises to pay a pre-specified amount of money at per-specified date
the option-adjusted spread oas is a measure of the yield spread expressed in basis points which can be used to convert differences
a callable bond is similar to an option-free bond with a call option from the bondholder it can be thought of as the sale of a call
in the index amortizing note the principal is repaid according to an amortization schedule linked to a specific reference rate it is
sinking fund provisions is a pool of funds set aside to repay the debt under this certain amount of money is kept aside every year form
principal repayment before the scheduled date is called a prepayment every individual borrower normally has the option to pay off all
the call prices for various issues mentioned above are known as regular redemption prices point to be noted is that the regular
a bond is said to be currently callable if the issue is not protected against early call provision but most new bond issues even if
it shows the date and corresponding prices at which the issuer can call back bonds the issuer pays higher premium over the par value of
call provision is the right of the issuer to call back and retire the issued bonds before the maturity date the issuer may call the bond
the issuer of the bond has to repay the bondholders the principal by the stated maturity date this can be repaid by the issuer in one
it is a feature that allows the issuer to redeem its bonds before maturity almost all convertible bonds come with this feature due to
the minimum value is the lower limit for the market value of a convertible bond it is equal to the greater of the conversion value and
the straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics for example
conversion value is the amount which investors will receive by immediately exchanging the bonds for equity stock and selling the
it is the number that tells how many common stocks or preference stocks will the bondholder receive at the time of conversion it is
convertible bonds are the debt instruments issued which can be converted after a pre-specified date for a pre-specified number of
government securities are the most important and unique financial instruments in the financial markets of any economy government of india
bond are formal certificates issued by the companies or government agencies acknowledging the indebtedness to the investors they are
since the operations in the money market are dominated by institutional players the retail investors participation in the market seems to
corporates generally raise funds from the inter corporate deposit icd markets these instruments generally carry interest rates higher
short-term funds having a maturity of 15 days and over are categorized as term money banks access this term money route to bring greater
these funds represent borrowings made for a period of one day to upto a fortnight however the mechanism adopted to lend funds to the call
the banking sector has a vital and active role in the money market the transactions taking place in these securities are large in size
the rbi on behalf of the government issues all t-bills and government dated securities being risk-free securities they set the benchmark