A group of SPECIALISTS that trade in BONDS on the floor of the NEW YORK STOCK EXCHANGE .

The purchse price of a bond that is lower than the value. Refer to bond premium .

A measure that converts the YIELD of a FIXED INCOME discount instrument into terms of a standard COUPON instrument, permitting proper comparison of investment alternatives. It is generally computed via: […]

When income is sold from a bod at a discount . The difference between par values and purchase price for two bonds are made into a percentage. AKA coupon equivalent […]

An obligation accompanying an executory contract for the sale of land, binding the vendor to make good title upon the performance of the conditions which entitle the vendee to demand […]

A fund with a portfolio with only bonds in it to get regular interest income and low risk.

An INTEREST RATE FUTURES contract , bought or sold via an EXCHANGE, which references a mediumterm or longterm GOVERNMENT BOND rate. See also DEPOSIT FUTURE .

A contract between bond issuer and buyer that states the terms of purchse. The interest ate, dates to pay, maturity date , and other terms are on the contract. If […]

When a third party promises to pay on a bond due if the issuer defaults.

The recorded payment on a bond at the end of its contract.

The statement of the monds a company issues.

The cost that is required to maintain bonds.

The market of bond issuers, underwriters, brokers, and buyers.

The group with banks, dealers, and undewriters for debt instruments. It gives educational services to investors.

A paper that is used for writing, typing, printing, and copying. It is used for office stationary as well. It is bought by weight. It is made from 20-100% cotton. […]

An instrument that transfers ownership of bonds from the current owner to another party. The power of attorney is given to the named entity so they can give the bond […]

The amount that is more than the purchase price of a bond. Refer to bond discount .

A contract an underwriter and issuer uses to state sale terms, price, and interest rates. This is done on new bonds.

The bond prices stated in the financial press or newspapers. It is based on par value. One point is $10. The smallest amount is 1/8 for corporate bonds and 1/32 […]

A firm in the US that rate bonds on the risk and sell the ratings for financial press. Refer to investment advisory service.

The ratigs used based on risk. The ratings are AAA, AA, A, BBB, BB, B, CCC, CC, C, DDD, DD, and D. The AAA is best and the D is […]

The bond issuer’s leveraged capital. It is shown in bonds and calculated as a percent. Above 33% is high. Utility companies are highly leveraged.

Issuing new bonds to replace oustanding ones. This is done before or at maturity.

In the United States , a law that authorizes the issuance of BONDS or other FIXED INCOME securities, typically applicable to municipal or sovereign issuers. Also known as BOND ORDINANCE.

If a bond holder is going to default the company buys it back to prevent more debt.