- UNDERLYING BONDS
- облигации, обеспеченные закладной, имеющей приоритет перед другими закладными. . Словарь экономических терминов .
Англо-русский экономический словарь.
Англо-русский экономический словарь.
Underlying — In finance, the underlying of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative depend on the value of this underlying. There must be an independent way to observe… … Wikipedia
Underlying Debt — In municipal bonds, underlying debt relates to an implicit understanding that the debt of smaller governmental entities might also be backed by the creditworthiness of larger governmental entities in the jurisdiction. On their own, these smaller… … Investment dictionary
underlying asset — The security or property or loan agreement that an option gives the option holder the right to buy or to sell. Bloomberg Financial Dictionary The security, stock, commodity, index or future upon which an options or futures contract is based.… … Financial and business terms
underlying cash markets — The markets for financial instruments upon which a futures or options contract is based. These tend to be homogeneous or a basket of like instruments, e.g. 3 month sterling interest rates, German government bonds with 8 1/2 10 years to maturity.… … Financial and business terms
Bonds Enabling Annual Retirement Savings — BEARS holders of BEARS receive the face value of the bonds underlying call option, which is exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise… … Financial and business terms
underlying debt — municipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility. Bloomberg Financial Dictionary … Financial and business terms
Commodity-Backed Bonds — A commodity backed bond is an investment term referring to a type of bond whose value is directly related to the price of a specified commodity. Most bonds have a fixed value determined at the time of purchase. A commodity backed bond, however,… … Investment dictionary
Targeted Amortization Class bonds — Targeted Amortization Class (TAC) bonds bonds offered as a tranche class of some CMOs , according to a sinking fund schedule. They differ from PAC bonds whose amortization is guaranteed as long as prepayments on the underlying mortgages do not… … Financial and business terms
TAC bonds — Targeted Amortization Class (TAC) bonds bonds offered as a tranche class of some CMOs , according to a sinking fund schedule. They differ from PAC bonds whose amortization is guaranteed as long as prepayments on the underlying mortgages do not… … Financial and business terms
companion bonds — A class of a collateralized mortgage obligation ( CMO) whose principal is paid off first when the underlying mortgages are prepaid due to falling interest rates. When interest rates rise, there will be lower prepayments of the principal;… … Financial and business terms
callable bonds — Fixed rate bonds, usually convertibles, in which the issuer has the right, but not the obligation, to redeem (call) the bond at par during the life of the bond. The call exercise price may be at par, although it is usually set at a premium. A… … Accounting dictionary