Maturity (finance) - Factbites
 Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Maturity (finance)


    Note: these results are not from the primary (high quality) database.


In the News (Sat 19 Dec 09)

  
 Yield-Maintenance : Commercial Mortgage, Structured Finance, Bridge Loan, Mixed-Use Property Financing, and Commercial Real Estate Loan Specialists -- Winter & Company Mortgage Services
Yield Maintenance is a prepayment penalty that, in the event the borrower pays off a loan before maturity, allows the lender to attain the same yield as if the borrower had made all scheduled mortgage payments until maturity.
The yield maintenance prepayment penalty would equal the difference between the current 7% rate and the yield that the bank would receive reinvesting the loan proceeds in a 10 year Treasury Note.
Yield maintenance premiums are designed to make lenders indifferent to an early prepayment by a borrower.
www.winterandcompany.com /faq/what_yield.html

  
 Guerrilla Funk: Finance: Price Goes Up, Yield Goes Down
Yield to maturity includes the fact that the bond you bought for $800 will pay you $1,000 when it's due.
In the real world, when people talk about yield, they're really talking about another figure, called "yield to maturity." This represents the total return you can expect if you buy a bond at a given price and hold it until it matures.
Yield is a figure that captures this change in value.
www.guerrillafunk.com /finance/priceupyielddown.html

  
 Advanced Bond Tutorial:The Term Structure of Interest Rates
Constructed by graphing the yield to maturities and the respective maturity dates of benchmark fixed-income securities, the yield curve is a measure of the market's expectations of future interest rates given the current market conditions.
When the yield to maturity was calculated, we assumed that the coupons were reinvested at an interest rate equal to the coupon rate--therefore, the bond was priced at par as though prevailing interest rates were equal to the bond's coupon rate.
Treasuries, issued by the federal government, are considered risk-free, and as such, their yields are often used as the benchmarks for fixed-income securities with the same maturities.
www.investopedia.com /university/advancedbond/advancedbond4.asp

  
 Yield curve - Wikipedia, the free encyclopedia
Yield curves are usually upward sloping and accelerating; the longer the maturity, the higher the yield.
In finance and economics, the yield curve or the term structure of interest rates is the relationship between the cost of borrowing money and the amount of time the money is being borrowed for.
This theory suggests that the yield on a long-term instrument is equal to the geometric mean of the yield on a series of short-term instruments.
en.wikipedia.org /wiki/Yield_curve

  
 Advanced Bond Tutorial: The Price-Yield Relationship
The required yield of a bond is usually the yield offered by other plain vanilla bonds that are currently offered in the market and have similar credit quality and maturity.
A simple yield calculation that is often used to calculate the yield on both bonds and the dividend yield for stocks is the current yield.
The yield for callable bonds is referred to as yield-to-call, and the yield for puttable bonds is referred to as yield-to-put.
www.investopedia.com /university/advancedbond/advancedbond3.asp

  
 Personal Finance: Money 101: Glossary
The bond yield computed by using the lower of either the yield to maturity or the yield to call on every possible call date.
A yield calculation in which bonds are retired routinely during the life of the issue.
Since bond prices and yields move in opposite directions, when the bonds are marked up, they "burn down" the yield, which may violate federal tax rules and diminishes tax revenues.
money.cnn.com /services/glossary/y.html

  
 Vega
Vega changes when there are large price movements in the underlying asset and vega falls as the option gets closer to maturity.
Vega can change even if there is no change in the price of the underlying asset, this would happen if there is a change in expected volatility.
For example, if the vega of an option is -96.94 and if implied volatility were to rise by 1% then the option value would fall by $96.94.
www.investopedia.com /terms/v/vega.asp

  
 Global Derivatives - Quantitative Mathematics Glossary U-Z
Because the vega is the same for both calls and puts, we can show that with a substantial time to maturity remaining, the option value is highly sensitive to changes in volatility.
In the case of quantitative finance and option pricing, vega is an important concept in assessing the risks of a derivative.
In finance, a vector can describe stock price movements or option price changes, and a host of applications can be derived from vectors and matrices.
www.global-derivatives.com /maths/u-z.php

  
 Bond
The indebted entity issues investors a certificate, or bond, that states the interest rate (coupon rate) that will be paid and when the loaned funds are to be returned (maturity date).
The main types of bonds are the corporate bond, the municipal bond, the treasury bond, the, treasury note, treasury bill, and the zero-coupon bonds.
It is important for investors to research a bond just as they would a stock or mutual fund.
www.investopedia.com /terms/b/bond.asp   (344 words)

  
 Understand Finance Tutorial - Yield to Maturity
Whenever you see a question that asks you to find the yield to maturity of a bond, you need to think of the letter I. Since we can think of a bond as just a time value of money problem in disguise, we solve for I to get the yield to maturity.
However, once you realize that calculating the yield to maturity on a bond is just a simple time value of money problem, it will become your new best friend.
Simply put, it is the rate of return that you would earn if you bought a bond today and held it until the bond matured.
www.understandfinance.com /tutorials/16   (344 words)

  
 WashingtonPost.com: Jane Bryant Quinn -- The Bargains in Muni Bonds
If you tried to sell a $5,000 lot before maturity, you'd be offered a discount (a "haircut") of 2 percent to 3 percent under the going market price, Donohue says.
On a $10,000 lot, the haircut might run 1 percent to 1.5 percent.
www.washingtonpost.com /wp-srv/business/longterm/quinn/columns/033196.htm   (735 words)

  
 Warrant - Finance Glossary - Print version
The company specifies the exercise price and maturity date.
Once issued, the warrant can be traded on exchanges.
www.3pd.net /glossword/print/Warrant,,8,xhtml   (29 words)

  
 ifsProShare - Home Page
Book now for 'Share plans from launch to maturity' training course, Tuesday 16 May
This website provides information on the benefits of employee share ownership, the different types of employee share plans and has links to share plan consultants and service providers who can help advise on the design and implementation of employee share plans.
ifsProShare is a not-for-profit subscription organisation that represents sponsor firms involved in employee share plans.
www.ifsproshare.org   (191 words)

  
 bond yield to maturity
See "How Finance Works" for the formulas for bond yield to maturity and current yield...
This calculator shows the current yield and yield to maturity on a bond ; with links to articles for more information.
Automated bond payment scheduling and yield to maturity calculation.
www.financial-repeater1.com /articles/132/bond-yield-to-maturity.html   (191 words)

  
 Calculate Yield To Maturity
Maturity is established using a combination of geochemical and basin modelling techniques.
In finance, the yield on a security is the return for the year divided by value of the security.
Maturity can also mean an anniversary or payment date.
www.swingdancemusic.com /send/49137-calculateyieldtomaturity.html   (191 words)

  
 Understand Finance Tutorial - Yield to Maturity
Whenever you see a question that asks you to find the yield to maturity of a bond, you need to think of the letter I. Since we can think of a bond as just a time value of money problem in disguise, we solve for I to get the yield to maturity.
However, once you realize that calculating the yield to maturity on a bond is just a simple time value of money problem, it will become your new best friend.
To find the yield to maturity, we just need to solve for I/YR in our financial calculator.
www.understandfinance.com /tutorials/16   (191 words)

  
 Larry Kudlow on Inflation on NRO Financial
With transaction balances, such as M1 (currency and demand deposits) or MZM (money at zero maturity), the public’s demand for money can be quantified.
Hence, more money from the Fed is required to finance the economy’s expanded potential to grow.
This is because the velocity — or turnover, or demand — for money is not stable.
www.nationalreview.com /kudlow/kudlow200406220827.asp   (191 words)

  
 SL Finance - Life Insurance
This lump sum is known as the maturity values there is an investment element within Endowments, normally slightly higher premiums are required to provide for similar levels of Life Assurance protection than an equivalent Term Assurance or Whole of Life policy.
Some policies require premiums to be paid right up until the point of death while others have a maximum period for which premiums are payable.
Please state that you're interested in life insurance in the enquiry box below.
www.slcentral.com /slf-life-insurance.html   (191 words)

  
 Canada Savings Bonds
The Department of Finance has announced a 10-year maturity extension that gives bondholders of CSB Series 48 the option of holding on to their bonds until November 1, 2015 and continuing to earn a competitive rate of interest.
The Department of Finance today announced interest rates for the Canada Savings Bond (CSB) Series 96 and the Canada Premium Bond (CPB) Series 46, which are on sale from today until November 1, 2005, inclusive.
Interest rates have been set by the Department of Finance for January 1, 2006 bond issues of the Canada Savings Bond (CSB) Series 98 and the Canada Premium Bond (CPB) Series 48, which are on sale from today until January 1, 2006, inclusive.
www.csb.gc.ca /eng/about_new.asp   (406 words)

  
 FINANCE and Alternative Risk Transfer Glossary
Financial institutions carry out asset-liability management when they match the maturity of their deposits with the length of their loan commitments to keep from being adversely affected by rapid changes in interest rates.
Refers generically to all forms of financing where the financier has a claim over specific assets of the borrower, whether with or without a general claim against the borrower.
Accordingly, most arbitrage is performed by financial institutions which have very low transaction costs and can make up for small profit margins by doing a large volume of transactions.
www.harperrisk.com /ArtGlossary/ArtGlossab.htm   (5395 words)

  
 Explain the possible adverse consequences to financial intermediaries from a change in the interest rate.
A financial intermediary issues £500million of liabilities with one-year maturity to finance the purchase of £500million of assets with two years maturity, and is therefore short-funded.
The intermediary will be long-funded; the maturity of its liabilities exceeds the maturity of its assets.
Financial intermediaries also face interest rate risk if the balance sheet is structured the other way around, with liabilities held long and assets held short.
www.coursework.info /i/73080.html   (625 words)

  
 New Zealand Debentures Exchange, Debex, debenture stock market quotes, best current interest rates
Debenture stock is a form of fixed interest security issued by specialist finance companies, authorised to raise funds from the investing public for onlending to carefully selected corporate and private borrowers.
First ranking secured debenture stock carries a floating charge across all the assets of the issuing finance company (subject to minor permitted priority charges) and therefore, in priority for repayment, ranks ahead of subordinated debt, capital notes, bonds and ordinary shares in the event of a company failure.
The Debenture Stock Secondary Market enables existing holders of New Zealand registered debenture stock to offer their investment for sale on the open market prior to maturity.
www.debentures.co.nz   (792 words)

  
 FRB: H.15 Release--Selected Interest Rates -- June 7, 2004
A factor for adjusting the daily nominal 20-year constant maturity in order to estimate a 30-year nominal rate can be found at www.treas.gov/offices/domestic-finance/debt-management/interest-rate/ltcompositeindex.html.
The constant maturity yield values are read from the yield curve at fixed maturities, currently 1, 3 and 6 months and 1, 2, 3, 5, 7, 10 and 20 years.
This curve, which relates the yield on a security to its time to maturity, is based on the closing market bid yields on actively traded Treasury securities in the over-the-counter market.
www.federalreserve.gov /RELEASES/H15/20040607/h15.htm   (829 words)

  
 Canada Savings Bonds
Compound interest bonds earn, in addition to simple interest, compound interest at the rates determined by the Minister of Finance until the earlier of maturity and redemption based on the interest earned on each annual anniversary of the issue date prior to maturity.
Canada Savings Bonds (CSBs) and Canada Premium Bonds (CPBs) purchased pursuant to Form 1 are subject to the terms and conditions approved by the Minister of Finance, which are summarized below.
The Canada Premium Bond (CPB) is a safe, secure investment, which provides a guaranteed return in both regular interest and compound interest form.
www.csb.gc.ca /eng/bonds_cpb.asp   (1525 words)

  
 SEC EDGARpro API View Text
The Corporation periodically enters into structured financings (involving both the issuance of debt and an interest rate swap with corresponding notional principal amount and maturity) that not only improve liquidity and reduce interest rate risk, but result in a lower overall funding cost than could be achieved by solely issuing debt.
The increase in finance receivables is the result of improved volume in manufactured housing, partially offset by finance receivable sales and securitizations of $162 million in 1994 and the reclassification of an additional $69 million of manufactured housing finance receivables to assets held for sale in December 1994.
In accordance with a stockholders agreement among DKB, CBC, as successor to MHC, and the Corporation, dated as of December 29, 1989, as amended by an Amendment to Stockholders' Agreement, dated December 15, 1995 (the "Stockholders Agreement"), one nominee of the Board of Directors is designated by CBC.
sec.freeedgar.com /displayText.asp?ID=132877   (11575 words)

  
 PSA Model Language
The PSA language was developed to clearly indicate whether an issuer intends to relinquish or retain the option to call the bond prior to maturity.
The escrow account can be structured to match interest and principal payments through the bonds' final maturity or to retire the bonds early on a scheduled call date.
In an effort to encourage underwriters and issuers to use the language in offering materials, the Association has sent letters to the National Association of Bond Lawyers and more than a dozen issuers groups including the Government Finance Officers Association, National Association of State Treasurers and the National Council of State Housing Agencies.
www.bondmarkets.com /pr/OldPR/ESCROW.shtml   (387 words)

  
 3233b.doc
Yield to maturity of a bond (r): a.
A colleague from the corporate finance department has just asked her for help in calculating the yields on commercial paper that the firm is helping a client to issue.
Discount yield (d): d= 360 100 - Price n 100 where n is number of days to maturity; price is expressed in dollars per $100 of par value or face amount.
www.unf.edu /~cfrohlic/3233b.doc   (387 words)

  
 Delphi Public Library: Investment Policy
Investments must have a stated final maturity of not more than two years after the date of purchase or entry into a repurchase agreement.
Instead, interest on investments should be paid to the library at each maturity date and posted to the appropriate fund.
The duly appointed members of the Delphi Public Library Board of trustees are the fiscal body of the library and thus constitute "The Board of Finance" of the Delphi Public Library.
www.carlnet.org /dpl/invest.html   (358 words)

  
 NRI Services - FAQs - HSBC India
The same will be issued to Non Resident Indians in a dematerialized form, and Non Resident Indians have to establish to the primary dealer that the source of funds is external in order to allow Non Resident Indians to put the proceeds on maturity into an NRE account.
Non Resident Indians are also entitled to place Non Resident Indians money in Deposits with Indian companies, non-banking finance companies registered with RBI, housing finance companies and other financial institutions.
An NRI is a person resident outside India who is a citizen of India or is a person of Indian origin.
www.hsbc.co.in /in/personal/nri/nrifaqs.htm   (2362 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.