arbitrage bonds

См. также в других словарях:

• arbitrage bonds — municipality issued bonds issued intended to gain an interest rate advantage by refunding a higher rate bond in ahead of their call date. Lower rate refunding issue proceeds are invested in Treasuries until the first call date of the higher rate… …   Financial and business terms

• Arbitrage pricing theory — (APT), in finance, is a general theory of asset pricing, that has become influential in the pricing of shares. APT holds that the expected return of a financial asset can be modeled as a linear function of various macro economic factors or… …   Wikipedia

• Arbitrage — For the upcoming film, see Arbitrage (film). Not to be confused with Arbitration. In economics and finance, arbitrage (IPA: /ˈɑrbɨtrɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a… …   Wikipedia

• Arbitrage Bond — A lower rate debt security issued by a municipality prior to the call date of the municipality s existing higher rate security. Proceeds from the issuance of lower rate bonds are invested in treasuries until the call date of the higher interest… …   Investment dictionary

• arbitrage —    (AHR bih trahzh) [French, from Latin: to regulate; arbitrate] The simultaneous buying and selling of the same stocks, bonds, commodities, etc., in different markets to profit from unequal prices.    It means the government ought to practice… …   Dictionary of foreign words and phrases

• Municipal Bond Arbitrage — Municipal bond arbitrage, also called municipal bond relative value arbitrage, municipal arbitrage, or just muni arb, generally consists of building a leveraged portfolio of high quality, tax exempt municipal bonds and simultaneously hedging the… …   Wikipedia

• Municipal bond arbitrage — Municipal bond arbitrage, also called municipal bond relative value arbitrage, municipal arbitrage, or just muni arb, generally consists of building a leveraged portfolio of high quality, tax exempt municipal bonds and simultaneously hedging the… …   Wikipedia

• Convertible arbitrage — is a market neutral investment strategy often employed by hedge funds. It involves the simultaneous purchase of convertible securities and the short sale of the same issuer s common stock. The premise of the strategy is that the convertible is… …   Wikipedia

• Municipal Bond Arbitrage — A strategy that consists of building a portfolio of tax exempt municipal bonds and simultaneously hedging the duration risk of the portfolio through the short sale of equivalent taxable corporate bonds of the same maturity, generally interest… …   Investment dictionary

• Covered interest arbitrage — is the investment strategy where an investor buys a financial instrument denominated in a foreign currency, and hedges his foreign exchange risk by selling a forward contract in the amount of the proceeds of the investment back into his base… …   Wikipedia

• Fixed income arbitrage — is an investment strategy generally associated with hedge funds, which consists of the discovery and exploitation of inefficiencies in the pricing of bonds, i.e. instruments from either public or private issuers yielding a contractually fixed… …   Wikipedia