Meaning LOW-COUPON BOND REFUNDING: Refunding of a low-coupon bond with a new, higher-coupon bond
More terms such as Low-coupon bond refunding in Dictionary L.
- Definition Loan:
- Examples Temporary borrowing of a sum of money. If you borrow $1 million you have taken out a loan for $1 million low-coupon bond refunding definition.
- Definition Lock-Out:
- Examples With PAC bond CMO classes, the period before the PAC sinking fund becomes effective. With multifamily loans, the period of time during which prepayment is prohibited low-coupon bond refunding explain.
- Definition Low Price:
- Examples The day's lowest price of a security that has changed hands between a buyer and a seller low-coupon bond refunding what is.
- Definition Liquidity Premium:
- Examples Forward rate minus expected future short-term interest rate low-coupon bond refunding meaning.
- Definition Lambda:
- Examples The ratio of a change in the option price to a small change in the option volatility. It is the partial derivative of the option price with respect to the option volatility low-coupon bond refunding abbreviation.