Sentences with phrase «as callable bonds»
Option free bonds have positive convexity; bonds with embedded options, such as callable bonds and mortgage - backed securities, have negative convexity, meaning the graph of the relationship between their price and yield is convex rather than concave.
http://www.investinginbonds.com/ Not exact matches
provision of a bond that makes it non ‐ callable or not subject to a scheduled call, even though other early redemption provisions may exist as specified in the prospectus or official statement
Usually, issuers only redeem callable bonds early when it is beneficial to them as a business.
As a result, callable bonds often have a higher annual return to compensate for the risk that the bonds might be called early.
Callable agency bonds with «step up» coupon rates: callable agency bonds that have a pre set coupon rate «step up» that provides for increases in interest rates or coupon rate as the bonds approach maturity to minimize the interest rate risk for investors ovCallable agency bonds with «step up» coupon rates: callable agency bonds that have a pre set coupon rate «step up» that provides for increases in interest rates or coupon rate as the bonds approach maturity to minimize the interest rate risk for investors ovcallable agency bonds that have a pre set coupon rate «step up» that provides for increases in interest rates or coupon rate as the bonds approach maturity to minimize the interest rate risk for investors over time.
A goal of a properly structured laddered bond portfolio should be to buy primarily non-callable bonds, or bonds that are only callable within a few years of maturity, as opposed to having 10, 15 or 20 years between the call date and the maturity of the bond.
c is a conversion factor equal to the price at which a bond with the same time to maturity as said bond or, if callable, same time to first call (as per Rule 18101.
In the debt capital markets field, the team advised on the first issue by a South African insurer of callable bonds that qualified as secondary capital for the issuer.