SERIAL BOND
Serial Bond is a kind of bond issue. It is where a portion of the outstanding bond matures at regular intervals until all portions and thus the bonds have matured completely. Serial bonds are utilized for the finance of different kinds of projects that generate a regular, level or predictable income streams as the portions gradually mature over a period of years. Serial bonds may be also used to finance projects that have regular, debt payments namely residential developments and other projects.
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Grant Deed
Legal document used to transfer title to real property or real property interest. It contains the name of the individual or entity transferring the ...
Underlying Security
Underlying Security is a financial instrument on which the value of a derivative is based.
Savings Bond Plan
Savings Bond Plan is a program that allows employees to purchase US savings bonds through payroll deductions.
Max Pain
The point at which option contracts expire at the maximum loss. The term sprung from Maximum Pain theory, which means most investors who buy and ho ...
Yield Maintenance
Yield Maintenance is a prepayment premium allowing an investor to have the same yield, thus make it seem like the borrower has settled all of the m ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
| 10:00 | CPI | Dec | |
| 16:45 | Chicago Purchasing Managers Index | Dec | |
| 17:00 | Pending Home Sales | Nov | |
| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
