BNET Business Dictionary
Business Definition for: Cushion Bond
- a bond that pays a high rate of interest but sells at a low premium because of the risk of its being called soon
Additional Resources
- Bond Expert: Thursday Wrap
- John Jansen submits: Prices of Treasury coupon securities have taken a rather traumatic tumble this day as Tim Geithner conducted a 30 year bond auction and the invited guests failed to show up for the party. As I related in an earlier post the auction was a debacle and...
- External links 2009-05-07
- Salem Communications Corporation Q2 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from Bishop Sheen - Wachovia. Bishop Sheen – Wachovia I want to focus on two things. It looks like on the leverage ratio, they are more aligned than I have ever seen them, the technicals between the credit...
- Earnings calls 2008-08-27
- Less Than 10 Years from Retirement?
- Torn between the need to rebuild your savings — before it's too late — and fear of another bear market? Relax. Here's your plan. Build Your...
- Articles 2009-05-06
- What to Do with Your 401(k) Now
- The list of mutual funds in your company retirement plan was overwhelming enough ? and that was before the stock market plummeted, and then rallied. Now it may seem as if any move you make could be the wrong one. Snap out of it with this four-step...
- Articles 2009-10-21
- Do Your Investments Match Your Job?
- More financial planners are starting to take their clients' occupations into account when recommending asset allocations. Here's how to tell if you are a stock or a bond — and what you should do about it. ...
- Articles 2009-09-03
- San Jose Mercury News, Calif., Stocks.comment Column.(Knight Ridder/Tribune Business News)
- Nov. 2--RAMBUS HAS A SERIOUS PROBLEM: When Intel Corp. INTC acknowledged this week that it was loosening its bond with memory-chip technology designer Rambus Inc. RMBS, an Intel spokesman took pains to cushion the blow. He said the company wasn't Nov. 2--RAMBUS HAS A SERIOUS PROBLEM:...
- Research articles 2000-11-01
- How to Restore a Devastated Nest Egg
- Dan and Barbara Hoffa felt a lot wealthier in 2007 than they do today. The market's plunge vaporized half of the Hoffas' portfolio, reducing their total liquid assets to about $900,000, a little more than half of which is arrayed in 401ks and a Roth IRA. ...
- Articles 2009-09-15
- More Than 10 Years from Retirement?
- You've got plenty of time, so stop fretting about timing. Focus on the great long-term opportunity you've just been handed. Think 2029, Not 2009 You can afford to take the long view....
- Articles 2009-05-07
- The Inherent Dangers in Hedging with Index CDS
- Credit Default Swaps are often thought of in terms of providing protection against credit events. However in many instances CDS are used to simply hedge against mark to market losses even if there is no default. Some use Index CDS to reduce volatility of portfolios due to spread fluctuations. The...
- External links 2009-08-21
- ExpressJet Holdings, Inc. Q2 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from [Richard Olson - In Bridge Capital]. [Richard Olson – In Bridge Capital] I just wanted to check a couple of balance sheet items real quick so of the $190 million in cash? How much of that is true liquid...
- Earnings calls 2008-08-26
- El Paso Electric Company Q2 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions The first question is from Robert Howard from Prospector Partners. Robert Howard - Prospector Partners Hi guys. Scott Wilson Hi, Robert, how are you? Robert Howard - Prospector Partners I am doing good. Just a couple quick ones. At...
- Earnings calls 2008-08-06
- Puttable and Extendible Bonds: Developing Interest Rate Derivatives for Emerging Markets
- This article analyzes the price stabilizing properties of puttable and extendible bonds, their potential to help develop interest-rate derivative markets, and their use by governments. Their stabilizing properties imply that, when bond prices fall, prices for puttable and extendible bonds fall by less. Their embedded options work as a cushion...
- White papers 2003-10-01
- Comerica Incorporated F1Q08 (Qtr End 03/31/08) Earnings Call Transcript
- Question-and-Answer SessionOperator Your first question comes from Matthew O'Connor – UBS Matthew O’Connor – UBS I was wondering if you could comment a bit on your dividend policy here, obviously the environment is getting incrementally tough and I think a lot of banks are faced with tough decisions on...
- Earnings calls 2008-04-17
- Markets keep Fed-watchers off-balance
- NEW YORK -- As the mood in the stock and bond markets keeps changing from day to day, so do expectations on Wall Street of what the Federal Reserve might do next. Two weeks or so ago, most analysts were convinced that the Fed's policymakers would take another...
- Research articles 1998-11-16
- ACA bonds downgraded to 'junk' status by S&P
- NEW YORK -- A major insurer of bonds was downgraded to "junk" status on Wednesday, a move that could potentially cost banks and local governments billions of dollars. Credit rating agency Standard & Poor's slashed its credit rating for bond insurer ACA Financial Guaranty Corp. to a non-investment...
- Research articles 2007-12-20
- Number of Passengers Determines Philadelphia's Payment on Airport Expansion.
- By Marcia Gelbart, The Philadelphia Inquirer Knight Ridder/Tribune Business News Sep. 18--The number of passengers who fly through Philadelphia International Airport determines how the city pays its debt service on the $631 million airport expansion. But even if the...
- Research articles 2001-09-18
- Belo Corporation Q4 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from [Abi Steiner] – JP Morgan. [Abi Steiner] – JP Morgan A couple of things here, just so I understand, when you talk about Q1 pacing the same as you finished Q4 local national, is that the 26%...
- Earnings calls 2009-02-05
- Gannett: Moody's Adds Insult to Injury
- Tyler Durden submits: Moody's just piledrived Gannett GCI and cut its bond rating to junk. The company, which was downgraded to the lowest IG rating Baa3 on February 2, just got the last kiss as Moody's cut its unsecured debt rating to Ba2. Not as much...
- External links 2009-02-26
- Get the Shadow Banking System Moving Again
- Everyone has heard stories about how much credit is being reduced. Most anecdotes are about banks that are reluctant to lend, but in fact most banks are extending loans, even if they're demanding more information about their customers. The real reason credit seems tight is that the so-called "shadow banking...
- Blog posts 2009-05-14
- Personal investor: Prudential is well placed for recovery
- Nearly all of us have a stake in the success of insurance companies, so it has not been pretty to see them hammered during the financial crisis. But there are signs that the troubled sector has survived to fight another day. Millions of people became shareholders when mutual insurers floated...
- News items 2009-08-14
