Bond Swap — A strategy in which an investor sells a bond and at the same time purchases a different bond with the proceeds from the sale. There are several reasons why people use a bond swap: to seek tax benefits, to change investment objectives, to upgrade… … Investment dictionary
Debt For Bond Swap — A debt swap involving the exchange of a new bond issue for similar outstanding debt or vice versa. Debt for bond swap transactions are usually executed to take advantage of an interest rate change and/or for tax write off purposes. When interest… … Investment dictionary
swap di obbligazione — Eng. bond swap Vendita e riacquisto simultaneo di due obbligazioni diverse per scadenza, per rating, per rendimento o cedola … Glossario di economia e finanza
Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… … Wikipedia
Swap rate — Swap rates are the borrowing rates between financial institutions, usually with credit ratings of A/AA equivalent. Swap rates are calculated using the fixed rate leg of interest rate swaps. Swap rates form the basis of the swap curve (also known… … Wikipedia
Debt Bond Swap — ⇡ Debt Conversion Programm … Lexikon der Economics
swap — A contract to buy and sell currencies with spot ( cash and carry) or forward contracts. The contract provides for the buying and selling to occur at different times; thus, each party acquires a currency it needs for a predetermined period of time … Financial and business terms
Bond Market Association (BMA) Swap — A type of swap arrangement in which two parties agree to exchange interest rates on debt obligations, where the floating rate is based on the bond market association s swap index. One of the parties involved will swap a fixed interest rate for a… … Investment dictionary
Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia
Swap Curve — The name given to the swap s equivalent of a yield curve. The swap curve identifies the relationship between swap rates at varying maturities. Used in similar manner as a bond yield curve, the swap curve helps to identify different… … Investment dictionary
