Sentences with phrase «same coupon rate»
c is a conversion factor equal to the price at which a note with the same time to maturity as said note, and with the same coupon rate as said note, and with par on the basis of one (1) point, will yield 6I per annum according to conversion factor tables prepared and published by the Exchange.
cannontrading.com
As a result, the bonds already on the market will fall in price in order to match the same coupon rate at which the new issues are trading.
Barry Crithcley: Two issuers, with slightly different ratings, came to the market Thursday with preferred share offerings carrying the same coupon rate — but only one appeared to have filled...
A.), and with the same coupon rate as said bond, and with par on the basis of one (1) point, will yield 6 % per annum according to conversion factor tables prepared and published by the Exchange.
If bond prices fall, the effective interest rate (called the yield) goes up because an investor pays less but gets the same coupon rate.
; and c is a conversion factor equal to the price at which a note with the same time to maturity as said note, and with the same coupon rate as said note, and with par on the basis of one (1) point, will yield 6 % per annum according to conversion factor tables prepared and published by the Exchange.
A.), and with the same coupon rate as said security, and with par on the basis of one (1) point, will yield 6 % per annum according to conversion factor tables prepared and published by the Exchange.