ORIGINAL FACE
In mortgage-backed bonds, the par value of the bond on the day it is issued. Since these bonds pay both principal and interest periodically, the original face reduces over time. On a given date it is referred to as current face.
POPULAR TERMS
Adjustable Peg
A policy in exchange rate which is adopted by some countries in which the national currency is largely fixed or pegged to a major currency such as ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
Advance/Decline Line – A/D
A technical indicator which plots the advance-decline index's alteration in value over a certain period of time. Every point on the chart is a ...
Make a Market
An action where a dealer should be ready, willing, and able at any time to buy and sell a certain security at the quoted bid and ask price. By doin ...
Options Backdating
The process of granting the option earlier than the time when the option was actually granted. This may allow for a more favorable strike price. Th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Mar | |
| 08:00 | GDP | 1 quarter | |
| 10:00 | Ifo Business Climate Index | May | |
| 10:00 | Ifo Current Assessment | May | |
| 10:00 | IFO - Expectations | May | |
| 15:00 | NBB Business Climate | May | |
| 19:30 | BOC Governor Stephen Poloz Speaks | ||
| 00:45 | Trade Balance | Apr | |
| 01:50 | Corporate Service Price Index | Apr |
