Fixed-Income is a loose term broadly attributable to any instrument entitling the issuer, borrower, grantee, or grantor to remunerative payments of a fixed amount within a fixed duration, (e.g., municipal bonds, sovereign bonds, treasury bills, savings issues, mortgage backed securities, asset backed securities, collateralized debt obligations, bankers acceptances or promissory notes, and laddered portfolios).
Quantitative Dynamics of Fixed Income:
No comments:
Post a Comment