Related Words

Pure Yield Pickup Swap: Moving to higher yield-bonds.

Riding The Yield Curve: Buying long-term bonds in anticipation of capital gains as yields fall with the declining maturity of the bonds.

Steepening Of The Yield Curve: 1/16 (0.0625) of one full point in price. Often used in negotiations to compromise an eighth difference, and in options trading. See: Teenyo.

Sponsorship Swap: An agreement between email list owners, publishers or advertisers to sponsor each other's mailings or newsletters for free. See ad swap.

Reverse A Swap: Reswap of bonds to gain the advantage of a yield spread or tax loss and restore a bond portfolio to its position before the original swap.

Reoffering Yield: In a purchase and sale, the yield to maturity at which an underwriter offers to sell bonds to investors.

Required Yield: Generally referring to bonds; the yield required by the marketplace to match available expected returns for financial instruments with comparable risk.

Stripped Yield: Securities that redistribute the cash flows from the underlying generic MBS collateral into the principal and interest components of the MBS to enhance their attaractiveness to different gro . . . View Full Definition

Substitution Swap: A method for hedging price risk that uses debt market instruments, such as interest rate futures, or that involves selling borrowed securities as the primary assets.

Swap File: A swap file is an area on your hard disk used as virtual memory. It's called a swap file because virtual memory management software swaps data between it and main memory (RAM). In the Window . . . View Full Definition