OPTION-ADJUSTED SPREAD (OAS)
The value given to bonds with embedded options.
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The value given to bonds with embedded options.
A repurchase agreement updated daily as it expires every 24 hours.
A yield curve of interest generated only using one source. Not reliable.
The yield of a bond if it held until maturity.
A market with excessive selling for a short period of time.
When the bid and offer come from the same source.
An excess of options that disrupt liquidity.
Any transaction that doesnt take place in person.
When liabilities have a shorter maturity date than the assets.
When securities are grouped by order type.
The number of outstanding futures not accomidated by delivery availability.
An international organization that helps develop growth and opportunity.
Buying and selling government bonds to influence interest rates and monetary supply.
Computing risk based on future credit exposure.
L. Fr. In old English law. to forswear; to abjure.
is that degree of care which men of common prudence generally exercise in their affairs, in the country and the age in which they live. Erie Bank v. Smith. 3 Brewst. (Pa.)
Ga- bert. 86 Tex. 121, 23 S. W. 985. Also an overseer, (coadjutor of an executor,) and one who disseises a person of land not to his own use, but to that
OATH. An external pledge or assevera- lon, made in verification of statements made cr to be made, coupled with an appeal to a sucred or venerated object, in evidence of the serious
The person who has engaged to perform some obligation. Code La. art 3522, no. 12. One who makes a bond.
Withstanding; hindering. See NON OBSTANTE.