DEBENTURE
It is a debt instrument that is not secured by a physical asset or a collateral. It is backed by general creditworthiness of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture. Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bill (T-bill). T-bonds and T-bills are generally considered risk free because governments, at worst, can print off more money or raise taxes to pay these type of debts.
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Expansionary Policy
Macroeconomic policy seeking to increase the money supply to stimulate economic development or beat inflation. One type of expansionary policy is f ...
Natural Gas Storage Indicator - EIA Report
The U.S. Energy Information Administration or more commonly known as EIA weekly estimate of working natural gas volumes held in underground storage ...
Objective Probability
It’s a probability in which event will happen based on analysis in which each measure is based on a recorded explanation rather than a subjec ...
Distributing Syndicate
Syndicate made up of a group of investment banks or brokerage firms, working to underwrite and sell an initial public offering (IPO) of securities ...
Equated Monthly Installment - EMI
Fixed payment amount the borrower paid to a lender at a set date every calendar month. It is employed to settle both interest and principal monthly ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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09:00 | CPI | Apr | |
11:00 | 10-y Bond Auction | Apr | |
11:00 | Consumer Confidence | ||
14:00 | CPI | Apr | |
14:00 | Harmonized CPI | Apr | |
01:01 | BRC Shop Price Index | Apr | |
01:30 | Unemployment Rate | Mar | |
01:50 | Retail Sales | Mar | |
01:50 | Industrial Production | Apr |