ABOVE PAR
It is a term that is used to describe a security’s price when it is being traded above its actual face value. Usually, a security is being traded at above par when the income distributions of that security are comparatively higher than the other financial instruments that are currently available and being traded in the market.
When an investor acquires a security in its above face value, the investor will have a capital loss when it is redeemed at maturity for face value.
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Henry Hub
A natural gas pipeline located in Erath, Louisiana that serves as the official delivery location for futures contracts on the NYMEX. It is owned by ...
Probability Distribution
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range. This range will ...
Surrender Period
Time an annuity investor must wait until they can withdraw the fund from their annuity without paying the penalty fee.
Closed-End Lease
Rental agreement imposing no obligation on the lessee or tenant to purchase the leased asset at the end of the agreement. Also known as net lease, ...
Active Trust
A trust wherein the trustee is held liable for additional responsibilities. With an active trust, the given additional responsibilities can be in t ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 10:00 | Ifo Business Climate Index | Oct | |
| 10:00 | Ifo Current Assessment | Oct | |
| 10:00 | IFO - Expectations | Oct | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | Oct | |
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 01:50 | Corporate Service Price Index | Sep | |
| 07:00 | BOJ Core CPI | Sep |
