Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
Maturities:
Term Serial Balloon Series |
Term = matures at one date in the future
Serial= matures over a period of years Balloon=large lum payment at the end Series= not a maturity type |
|
|
What rating of Bond is considered investment grade
|
Baa or BBB (based on default risk/ability to pay interest and principal when due)
|
|
|
When is bond called?
|
Interest rates are falling. Not interest earned after call.
|
|
|
Protection Period
|
Issuer cannot call during call protection period.
|
|
|
Interbank Market
|
Establishes rates of excahnge for foreign currency. (decentralized/unregulated)
|
|
|
Corporate Bonds
|
Higher Return
|
|
|
Municipal Bonds
|
Tax Benefits
|
|
|
US Government
|
Safety
|
|
|
Par
|
Face, Principal
'Market Price" |
|
|
Discount
|
Less than Par
|
