Indexed Put Bonds Attractive to Health Care Issuers
- drop-lock. // International Dictionary of Finance, 4th Edition;2003, p78
A definition of the term "drop-lock" is presented. It refers to the bond that earns a floating return but switches to a fixed return in case of rate of interest falling below a predetermined level.
- Floating Rate Securities and Immunization: Some Further Results. Morgan, George Emir // Journal of Financial & Quantitative Analysis;Mar1986, Vol. 21 Issue 1, p87
This article examines the interest rate risk characteristics of a general class of floating rate securities, which includes Chance's securities as a special case. The calculation of duration for Chance's securities is zero, as it should be. Securities in the broader class can have durations that...
- FLOATING RATE SPREADS VERSUS LIBOR. // Asset Securitization Report;2/14/2005, Vol. 5 Issue 6, p27
Presents graphs depicting floating rate notes and libor.
- You can weather rate cycles with caps, collars, swaps. Steely, Harold // Fort Worth Business Press;10/9/2004, Vol. 17 Issue 41, p30
Focuses on the alternative measures that businesses can take to deal with the shifts in the cost of borrowing. Risk of short-term floating rate; Benefits of floating rate caps; Information on interest rate swaps.
- Detroit System COPs, Hawaii GOs in the Spotlight. Albano, Christine // Bond Buyer;5/23/2005, Vol. 352 Issue 32138, p7
This article reports that the Detroit Retirement System Funding Trust will sell $1.44 billion of insured taxable pension Certificates of Participation (COP) as soon as May 23, 2005 in what is expected to be the largest deal of the week. The structure will include $640 million of fixed-rate...
- NEW YORK: N.Y.C. Seeks V R Alternatives. Phillips, Ted // Bond Buyer;6/15/2009, Vol. 368 Issue 33131, p9
The article reports on the plan of the city government to seek new variable-rate debt products in New York City. The city has communicated respondents to its outstanding requests for underwriting services, primarily on products that function as alternatives to variable-rate demand bonds and...
- Hospitals Going Variable. O'Brien, Elizabeth // Bond Buyer;1/24/2005, Vol. 351 Issue 32055, p1
This article presents information related to the trend of variable rate bonds issued by hospital in Massachusetts. Gradual improvements in the financial outlook for the health care sector and historically low interest rates have prompted hospitals to issue more variable rate debt, a trend that...
- Treasury to Offer $20B 91-Days, $20B 182-Days. // Bondbuyer.com;9/17/2015, p1
The Treasury Department said Thursday it will auction $20 billion 91-day bills and $20 billion 182-day discount bills Monday.
- Treasury to Sell 2-, 5-, 7-Year Notes. // Bondbuyer.com;9/17/2015, p1
The Treasury Department said it will auction $29 billion seven-year notes on Thursday, Sept. 24.