EXTENDABLE BOND
Long-term debt security issued with an option to prolong its maturity period. Depending on the terms, the bondholder and/or bond issuer may have one or more choices to defer the repayment of the bond’s principal while the interest payments are paid continuously. Aside from that, the bondholder or bond issuer may have the opportunity to exchange it for another bond with a longer maturity at the same or higher interest rate. Since these bonds have an option to stretch the maturity, a feature adding value to the bond, these are sold at a higher price than non-extendable ones. Also called extendable note.
POPULAR TERMS
Permutation
In mathematics, one of several ways of arranging or picking a set of items. The number of permutations possible for arranging a given a set of n nu ...
Hope Now Alliance
Hope Now Alliance was established in 2007 to respond to upset homeowners in the U.S. This organization consists of investors in mortgage-backed sec ...
Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Mortgage Constant
Ratio between the annual amount payable to the original value of the mortgage loan plus principal and interest. This is only applicable to loans wi ...
Broad-Based Weighted Average
Anti-dilution provision of stock ownership where new shares are issued to preferred and common shareholders when the company makes additional offer ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |