Indirect Bidder
Jennifer edwards Indirect bidder is the bidder that does not purchase securities directly from the US treasury department and prefers to buy treasury securities through a third party or an intermediary such…
Flat Bond
A flat bond can be defined as a financial instrument that is sold or traded among the investors without having an accrued interest rate associated with the bond. Accrued interest…
Fixed Rate Bond
The fixed rate bond is a type of bond that has a fixed rate of interest for the entire term of the maturity of the bond. This means that the…
Obligation Bond
Obligation bond can be defined as a municipal bond. This kind of municipal bond is used to secure a mortgage over the properties or any other physical asset that can…
Bond Covenant
Bond Covenant can be defined as a legally agreement or a legal binding force that exists between the bond issuer and the bond holder. These are the legal bindings that…
Accumulation Bond
Accumulation bonds are the bonds where the interest keeps accumulating over the face value of the bond but it is not paid until the bond actually matures. If someone is…
Amortizable Bond Premium
Amortizable bond premium is an accounting terms that defines the tax related to the excessive premium that is paid by the business entity over the face value of a given…
Bond Power
Bond power is a legal and ethical document that is used to transfer the bond ownership from one party to the other. This document is used as an authority document…
Bond Yield
Bond Yield can be defined as the amount of the return that an investor or a bond holder is going to enjoy on its bonds. There are a number of…