Fixed income

one hundredth of a percent

curve showing several interest rates across different contract lengths for a similar debt contract

financial market where participants can issue new debt or buy and sell debt securities

weighted term of future cash flows

In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and derivatives trading process.

investment that provides a return in the form of fixed periodic interest payments and the eventual return of principal at maturity

obligation of repayment without a collateral

Latin phrase; "on equal footing"

financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account