a type of mortgage that permits borrowers to take out loans against extra capital paid into the account, home-loan interest rates being lower than interest rates on other forms of credit
NEW YORK--BUSINESS WIRE--December 9, 1999-- Three of Wall Street's leading fixed-income dealers - Goldman Sachs & Co., Morgan Stanley Dean Witter and Salomon Smith Barney - today announced their participation in "Bond Hub," an Internet portal built by Communicator Inc. to give institutional investors commingled, seamless access to the...
Generally, interest on a state or local bond is excluded from gross income under section 103 of the Internal Revenue Code. However, section 103b provides that the exclusion does not apply to a private-activity bond unless it is a qualified bond. Section 141 e defines a qualified bond to include...
Bond investors are beating the market this year, but investors in bond mutual funds can't count on taking those profits to the bank. Bond funds have a quirk: They never mature. When a bond comes of age, you get your money back. Bond funds, on the other hand, are eternal...
The paper reveals that capital market access meant a de facto acknowledgement of their policy successes and improvements in their creditworthiness that enabled them to graduate from the group of official financing recipients into a more advanced group of emerging market economies. The paper looks at the determinants of sovereign...
This calculator compares two bond investments buying a bond at a substantial discount to par value and receiving no coupon (a zero-coupon bond), and buying a bond with a coupon. User can select a Treasury security, corporate bond or municipal bond. Treasury securities are exempt from state income taxes. Municipal...
While some electronic bond trading is available to retail investors, the entire bond market remains an over-the-counter market. Unlike stock trading - for which automation has leveled the playing field for retail and institutional investors - the bond market lacks liquidity and price transparency except for the most liquid of...
A new method of bond portfolio optimization is described. The method is based on stochastic string models of bond returns. It is shown how to approximate the bond return correlation function with Pade approximations and how to compute the optimal portfolio allocation using Wiener-Hopf factorization. The technique is illustrated with...
The term bond spreads or spreads refer to the interest rate differential between two bonds. Mathematically, a bond spread is the simple subtraction of one bond yield from another. Bond spreads are the common way that market participants compare the value of one bond to another, much like price-earnings ratios...
Byline: Newly launched JPM Flexible Bond fund aims to offer world's top bond opportunities Fixed income JPMorgan Asset Management has launched the JPM Flexible Bond fund in a bid to offer investors access to the top bond opportunities around the...
Business Editors LONDON--BUSINESS WIRE--Dec. 2, 2002 Reuters, the global information, news and technology group, and Lipper, the leading fund analysis and research firm, announced today that Lipper has acquired the operations of Capital Access International, which provides institutional investor profile information and bond ownership analysis to thousands of...
GREENWICH, Connecticut, December 15 /PRNewswire/ -- In an industry first, Interactive Brokers will offer direct-access and immediate execution for corporate bond trading on the New York Stock Exchange NYSE, the BondDesk ECN and IB's market-maki GREENWICH, Connecticut, December 15 /PRNewswire/ -- ...
Prudential has intro-duced so called factory gate pricing to its range with the launch of its new investment bond. The Prudential Investment Plan PIP is a single premium insurance bond with access to 63 funds, both internal and external. The factory gate pricing does...
J.P. morgan kept its top spot in CW's bond rankings, leading nearly $5.7 billion of bond issues last year. Overall, there were $26.6 billion in public bond and private-placement issues in 1999, up 9% from 1998. J.P. Morgan led the largest bond offering last...
This bond yield calculator can help you figure out the current bond yield as well as the bond yield to maturity. The calculator requires several inputs including the current bond price, par value, coupon rate and years until maturity.
Bond market reforms after the Salomon scandal are breaking the monopoly on bond price information. Electronic fixed income investment dat services from Telerate, Bloomberg, Reuters, LIKE an ill wind, the scandal of Salomon's rigging of Treasury-bond auctions looks like producing at least one unexpected benefit. Reforms...
Some investors tell they would never have a portfolio that includes bonds. This always surprises, because the basics of bonds are quite easy to figure out. In half an hour, an investor can learn enough to put bonds to work as either part or all of a portfolio. Bond is...
US 30-year term Treasury bond prices are falling slightly after a long increase. The effect of inflation on the bond market is discussed in relation to T-bond price forecasts. The Federal Reserve may raise interest rates to control inflation.AMERICA'S Treasury bonds may be at a turning point. The price of...
