YIELD TO CALL (YTC)
Yield on a bond calculated on the assumption the issuer will redeem on its first call date stated in the prospectus.
Yield on a bond calculated on the assumption the issuer will redeem on its first call date stated in the prospectus.
Run of mill lumber in various finishes, widths and lengths.
Average annual yield of an interest generating investment held by an investor until it matures.
Insurance that covers pleasure boats against collision, hull damage, and liability indemnity.
A note issued in US dollars by a foreign company in the market.
The spread gained by having convertible bonds instead of stock. Refer to simple breakeven.
When underwriters charge too much for treasury bonds that are held in escrow. This is done before retiring the existing bonds and is illegal. This causes the yield to burn down.
Plotting interest rates against maturities creating a term structure. In normal conditions it is a upward curve. This causes shortterm funds to cost less to invest in. The shape is influenced by
A spread that allows payoff based on the differential between on point on the yield curve and the strike price. The buyer gains efficiency and cost advantages.
A strategy used to increase core returns. This is intended to be a low risk move. Refer to arbitrage speculation and hedging.
The yield of a callable bond. This is the percent return at the first call date. Refer to yield to maturity.
The yield of a coupon bearing security. It is the percent return of a bond when it finally matures. AKA promised yield. Refer to yield to call.
In old records. Mere assertion and denial, without oath.
This phrase, when used in English conveyancing with referenceto settlements of land, signifies all such children as are not entitled to the rightsof an eldest son. It therefore includes daughters, even those
A light sea-going vessel, used only for pleasure-trips, racing, etc. Webster. TSee 22 St.. at Large, 566 (U. S. Comp. St I 1001, p. 2845); Rev. St U. S.
This word may include children and youth of both sexes. Nelson v. Cushlng,2 Cush. (Mass.) 519, 528.
A measure of length, containing three feet, or thirty-six inches.UA piece of land inclosed for the use and accommodation of the inhabitants of a house.
The times of Christmas and Lammas.
or virgata torrce, is a quantity of land, said by some to be twenty acres,y but by Coke to be of uncertain extent
BLE. L. Fr. Winter grain. Kelham.