Such swaps usually have stub periods in order to bring the chronology of the cash flows into line with that of the underlying bond.
22.
He sold the futures and bought the underlying bonds, making enormous profits for Salomon and upsetting established Japanese firms like Yamaichi and Nomura Securities.
23.
The yield ( finance ) and price of each XTB is expected to reflect the yield and price of the underlying bond, after fees and expenses.
24.
In recent years, at least fifteen Ohio entities lost about $ 17 million on mortgage derivatives, whose value is derived from underlying bonds backed by mortgage payments.
25.
The county fund lost money by buying complex, volatile securities known as derivatives, whose value rises and falls with the price of underlying bonds, stocks, currencies and interest rates.
26.
"The underlying bond markets in those countries are preferred to German and now seem like a positive investment, which paves the way for a stronger currency, " he added.
27.
The yield on the underlying bond, which moves in the opposite direction as the price, rose as much as 3.5 basis points to 2.585 percent, its highest since the same date.
28.
A derivative is a high-risk investment whose market price moves in the same direction as the underlying bond, stock, index, currency, commodity or other security on which the derivative's value is based.
29.
Her answer is the essence of this little novel-the power of enduring love, not just the passion that binds a man to a woman but the underlying bond that seals their relationship.
30.
That is because institutions that agree to maintain the book value of the underlying bonds need assurance that investors will not flip in and out of the fund to take advantage of shifting rates.
