An "'ASCOT "', or "'Asset Swapped Convertible Option Transaction "', is an option on a convertible bond used to separate the cash flows of the underlying bond from the equity option embedded in the convert.
32.
Looking at other European currencies, fund managers expressed increasing enthusiasm for the so-called " high yielding currencies " like the Spanish peseta, Swedish krona and Italian lira, as the underlying bond markets come into favor.
33.
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.
34.
It doesn t seem to matter where the plot has taken them or who Elena is in love with at the moment, there is an underlying bond that refuses to be broken, and it was thrown in their faces on tonight s episode of " The Vampire Diaries " ."
35.
_Memo to Todd A ., who wants to know whether the income generated by closed-end muni bond funds gets the same tax breaks as the underlying bonds and whether any gains are treated as normal capital gains : Yes and yes ( if you're fortunate enough to have the latter .)
