REFUNDING
Refunding is the process of redeeming or retiring an outstanding bond issue at maturity by using the proceeds from the new debt issue. The new issue is always issued at a lower interest rate than the refunded issue, guaranteeing a significant reduction in the interest expense for the issuer.
POPULAR TERMS
Blue Sheets
Trade details, submitted by the Securities and Exchange Commission, which are sent out to market makers, brokers, and/or clearinghouses. Informatio ...
Modified Endowment Contract - MEC
An endowment contract where the cumulative premium payments surpass certain amounts indicated under the Internal Revenue Code. If the endowment per ...
Bear Stearns
A financial institution based in New York City that breaks down during the recession crisis in 2008. The fall of Bear Stearns was the outcome ...
Market Strategist
A financial professional who makes investment recommendations about what will happen in the market in order to guide people in making profitable in ...
Kiasu
A person is anxious of losing out to someone else. It is a traditional Chinese word that means “scared to lose” but is well-known in Si ...
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The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
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Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Existing Home Sales | Mar | |
| 05:00 | Credit Card Spending | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 15:00 | House Price Index | Feb | |
| 16:00 | New Home Sales | Mar | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 16:00 | Consumer Confidence | Apr |
