Meaning ELEVEN BOND INDEX: An index based on the average yield of 11 municipal bonds that mature in 20 years and carry an average AA rating. The eleven bonds used to calculate the index are also found in the 20 bond index, which serves as a benchmark in tracking municipal bond yields
More terms such as Eleven bond index in Dictionary E.
- Definition Extra Or Special Dividends:
- Examples A dividend that is paid in addition to a firm's established or expected quarterly dividend eleven bond index definition.
- Definition Eurocredits:
- Examples Intermediate-term loans of Eurocurrencies made by banking syndicates to corporate and government borrowers eleven bond index explain.
- Definition Effective Duration:
- Examples calculated using the approximate duration formula for a bond with an embedded option, reflecting the expected change in the cash flow caused by the option. Measures the responsiveness of a bond' eleven bond index what is.
- Definition Effective Annual Interest Rate:
- Examples An annual measure of the time value of money that fully reflects the effects of compounding eleven bond index meaning.
- Definition Exogenous Variable:
- Examples A variable whose value is determined outside the model in which it is used. Related: Endogenous variable eleven bond index abbreviation.
